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7. To create beneficial opportunities for development of trade and investment cooperation Heads of Governments have supported expansion of cooperation in the sphere of macroeconomic and financial policy of the member states. They believe that it is important to fully tap the potential of interbank cooperation, utilize existing and emerging financial mechanisms in the SCO space.

With a friendly relationship, China and Arab countries have achieved significant progress in their partnerships in various fields, particularly since the China-Arab States Cooperation Forum was set up in 2004.

While developed countries are obliged to provide money to the climate change fund, China's contribution is voluntary.

The AIIB should adapt itself to new trends in international development and accommodate the diverse needs of developing members. It should explore new business models and financing tools, and help member states develop more infrastructure projects that are of higher quality and at lower costs. While developing countries make the mainstay of the AIIB membership, the institution also attracts a large number of developed members. Such a unique strength makes it a bridge and a bond to facilitate both South-South cooperation and North-South cooperation.

However, statistics show potential risks are looming as the debt ratio of some provincial governments has surpassed the level of 100 percent.