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Meanwhile, he added, the SCO development bank is to be based on the principles of common benefit and closer local-currency settlement cooperation, which will significantly promote regional trade and economic cooperation, particularly financial cooperation.
The international public opinion also pointed out that Xi's announcements in the speech that "China will never seek hegemony or expansion" and "China will cut the number of its troops by 300,000" further demonstrate that China is an important force in maintaining world peace and development.
In the Ren'ai Reef, which is a constituent part of China's Nansha Islands, the Philippines illegally ran an old warship aground in May 1999 at that feature on the pretext of "technical difficulties." China has made repeated representations to the Philippines, demanding that the latter immediately tow away the vessel. The Philippines, for its part, had on numerous occasions made explicit undertaking to China to tow away the vessel grounded due to "lack of parts."
Fu noted that the world can think about a bigger and more inclusive framework of global order at some stage. "We may compare such a framework to a mega umbrella, each and every member of the international community shall find its place and have a say," she said.
The two leaders agreed to integrate the China-proposed Silk Road Economic Belt with Kazakhstan's new economic policy, called the Bright Road, to achieve common prosperity.
来源：资阳报