CHINESE PROPOSALS

The world today is undergoing both transformation and upheaval; changes unseen in a century are unfolding at a faster pace; human society faces unprecedented challenges. Unity or split, peace or conflict, cooperation or confrontation -- these are the questions raised again by the times, Xi said.

"My answer is this: the people's wish for a happy life is our goal, and peace, development and win-win cooperation are the unstoppable trends of the times," Xi said.

Xi said that member states should keep to the right direction and enhance solidarity and mutual trust. "Facts have shown that as long as we bear in mind the larger picture, shoulder our responsibilities and remain undisturbed by all sorts of distractions, we will be able to protect and promote the security and development interests of our member states," Xi said.

Member states should step up strategic communication and coordination, bridge differences through dialogue, replace competition with cooperation, truly respect each other's core interests and major concerns, and firmly support each other's endeavor for development and rejuvenation, Xi said.

Member states should keep in mind the overall and long-term interests of the region, and make the foreign policies independently so that the future of their development is held firmly in their own hands, Xi said.

He said member states should maintain regional peace and safeguard common security. China stands ready to work with all sides to implement the Global Security Initiative, promote the settlement of international disputes through dialogue and consultation, and encourage political settlement of international and regional hotspots, so as to forge a solid security shield in the region.

He called for upgrading SCO security cooperation, and crack down hard on the forces of terrorism, separatism and extremism such as the "East Turkistan" elements, drug trafficking, and cyber and transnational organized crimes and expand cooperation in the nontraditional security fields, including digital, biological and outer space security.

Xi said member states should continue to utilize platforms such as the mechanism of coordination and cooperation among Afghanistan's neighbors, and encourage the country to embark on the path of peace and reconstruction.

Member states should focus on practical cooperation and expedite economic recovery. China stands ready to work with all sides to implement the Global Development Initiative, keep to the right direction of economic globalization, oppose protectionism, unilateral sanctions and the overstretching of national security, and reject the moves of setting up barriers, decoupling and severing supply chains, the Chinese president said.

"We should make the pie of win-win cooperation bigger, and ensure that more development gains will be shared more fairly by people across the world," Xi said.

He welcomed member states' participation in the third Belt and Road Forum for International Cooperation to broaden the Belt and Road as a "path of happiness" benefiting the whole world.

China proposes that the SCO scale up local currency settlement between member states, and promote the establishment of an SCO development bank, according to Xi.