Xi Jinping Criticizes US Hegemonism and Bullying at SCO Summit

SCO Summit and China's Vision

• 🇨🇳 President Xi Jinping addressed the Shanghai Cooperation Organisation (SCO) summit, emphasizing a commitment to high-quality development and cooperation.
• 🤝 China aims to build a closer community of shared future with SCO member states, fostering mutual respect and strategic communication.

Economic and Development Initiatives

• 💰 China pledges to implement 100 small-scale livelihood projects in member states and provide RMB 2 billion in grant assistance within the year.
• 🏦 An additional RMB 10 billion in loans will be extended to member banks over the next three years to support economic development.
• 🌐 Cooperation will be strengthened in areas such as energy, infrastructure, green industries, the digital economy, and artificial intelligence.

Global Governance and International Relations

• ⚖️ Xi advocated for a global governance concept based on consultation, joint contribution, and shared benefits, practicing genuine multilateralism.
• 🌍 China supports the United Nations at its core and the World Trade Organization as the center of the multilateral trading system.
• 🗣️ The speech included strong criticism of “hegemonism,” “Cold War mentality,” and “bullying practices” by certain countries, without naming the United States.
• 🕊️ China opposes power politics and advocates for a multipolar world and inclusive economic globalization.