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China's non-acceptance of and non-participation in the arbitration conforms with the general practice in addressing international disputes. National consent is the very core and soul of international law. The key to resolving disputes over territory and maritime rights and interests is for parties directly concerned to reach consensus ad idem. The Philippines' unilateral initiation of arbitration is by no means aimed at resolving the dispute. Rather, it is to further complicate the situation and to vilify China. What the Philippines is doing is an out-and-out political provocation. By contrast, China's way of addressing disputes over territory and maritime rights and interests through bilateral consultations and negotiations has proven effective. As a matter of fact, China has properly settled land boundary issues with 12 countries and completed the delimitation of maritime boundary in the Beibu Bay with Vietnam. China will continue to follow its current practice and will not accept arbitration as a way to settle disputes over territory and maritime rights and interests.
"The gathering of leaders from SCO members, observers and international organizations shows the growing influence of the organization, and the deep friendship and favorable atmosphere between members and observers," Li said.

Wang and Kerry also touched on a slew of topics regarding pragmatic cooperation during their talks, according to an official press release.
A report submitted to the session reveals that local government debt risk is controllable overall.
China's innovation concept has been integrated into traditional manufacturing and booming Internet industry, with the establishment of the plan "Made in China 2025" and "Internet Plus" strategy.
来源:资阳报