President Xi: China committed to real actions for SCO's better development

China has always focused on taking real actions to ensure better development of the Shanghai Cooperation Organization (SCO), said Chinese President Xi Jinping on Monday.

President Xi made the remarks during a keynote speech at the 25th Meeting of the Council of Heads of State of the SCO in north China's Tianjin.

He said China plans to implement 100 "small and beautiful" livelihood projects in SCO member states. It will provide 2 billion yuan (about $280.5 million) in grants to SCO member states within this year, and an additional 10 billion yuan (about $1.4 billion) in loans will be issued to the member banks of the SCO Interbank Consortium over the next three years.

Starting next year, China will double the current number of SCO-specific scholarships and launch an innovative PhD program to jointly train high-caliber talent in academic as well as scientific and technological research.

In the next five years, China will establish 10 Luban Workshops in member states and offer 10,000 training opportunities for human resources.

(Cover: A view of Nanwan Park in Binhai New Area, Tianjin, China, July 22, 2025. /VCG)