He called on the SCO member countries to firmly support free trade and the rules-based multilateral trading regime and further advance trade and investment liberalization and facilitation.
SCO members, Li added, also need to take solid steps to promote multilateral trade and economic cooperation, launch feasibility studies on establishing an SCO free trade area, and develop institutional arrangements for closer regional economic cooperation.
Zooming in on agriculture, Li said China hopes to expand imports of high-quality agricultural products from fellow SCO member countries and also hopes that more specialty Chinese agricultural products will be made available for customers in other SCO countries.
PRODUCTION CAPACITY
On production capacity cooperation, Li said China has joined hands with other SCO member countries to set up seven overseas national-level economic and trade cooperation zones, which have started to boost growth and create jobs for local communities.
The stock of Chinese investment in SCO member states has now reached 84.6 billion U.S. dollars, much of which has been channeled to projects in this area, he added.
The premier said that China will continue to encourage competent Chinese enterprises to invest in other SCO member countries and expand cooperation in infrastructure, processing, manufacturing, energy exploitation and agriculture.
SCO members also need to make the best use of financing platforms such as the Asian Infrastructure Investment Bank, the Silk Road Fund, the SCO Interbank Consortium and the China-Eurasia Economic Cooperation Fund, Li said, while calling for continued discussions at the expert level to explore a feasible plan for setting up an SCO development bank.
【国内英语资讯:Chinese premier calls for closer SCO cooperation, greater development synergy】相关文章:
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