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China's non-acceptance of and non-participation in the arbitration is to honor the joint commitment it has made with the Philippines. The two sides reached consensus a long time ago on how to address the dispute. China and the Philippines have issued joint statements and news releases on multiple occasions and they both signed the Declaration on the Conduct of Parties in the South China Sea (DOC), in which the two sides have pledged to settle disputes through friendly negotiations and consultations. By unilaterally initiating the arbitration, the Philippines has negated its solemn commitment to its neighbors and the international community, and breached one of the core principles in international relations - Pacta sunt servanda ("agreements must be kept"), thus jeopardizing its own international credibility. By contrast, China's position of not accepting or participating in the arbitration demonstrates that it is true to its words.

The document fits the pragmatic development needs of both sides and the current situation in the region.

Anti-terrorism is high on the agenda this year, particularly SCO members are close to areas where the Islamic State (IS) has been conducting terrorist attacks.

GENEVA, Dec. 8 (Xinhua) -- Chen Zhu, president of Red Cross Society of China (RCSC), warned on Tuesday that "in the world of today, global financial crises, conflicts, natural disasters, climate change, terrorism and refugee crises are intertwined and have created uNPRecedented challenges for humanitarian work."

"This would help tackle various risks and challenges while safeguarding peace and stability of the two countries as well as the region," Guo said.