Chinese Premier Wen Jiabao yesterday called on member countries of the
Shanghai Cooperation Organization (SCO) to work in concert to improve the bloc's
capability in dealing with the risks brought about by the current global
financial crisis.
Speaking at the 7th prime ministers' meeting of the SCO in Astana, the
capital of Kazakhstan, Wen said the spiraling financial crisis has brought
inevitable challenges and pressure for the development of SCO members.
In order to weather the crisis better, SCO members should strengthen
cooperation and discuss bilateral or multilateral countermeasures by exploring
existing coordination mechanisms within the bloc, especially those among various
central banks or economy regulating institutions, Wen said.
The SCO prime ministers' meeting itself has sent a strong signal to the rest
of the world that SCO members are determined to work together to stabilize the
economy and boost confidence on the financial markets, the Chinese premier said.
China is willing to strengthen communication and coordination with its SCO
partners and take effective measures to reduce the impact of the financial
crisis to a minimum, Wen said.
He said China will continue its reform and opening-up, unswervingly adhere to
peaceful development, and continue to follow the principle of building
friendship and partnership with neighboring countries.
China will, as it always has, overcome difficulties and share opportunities
with its SCO partners in a bid to promote lasting peace and development in the
region, Wen said.
Wen arrived in Astana Wednesday evening for a three-day visit to Kazakhstan
after wrapping up a tour to Russia.
The SCO, founded in Shanghai in 2001, consists of China, Russia, Kazakhstan,
Kyrgyzstan, Tajikistan and Uzbekistan, with Pakistan, India, Iran and Mongolia
as observers.