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SCO member states to expand practical cooperation in sustainable investment

China

China

China

SCO member states to expand practical cooperation in sustainable investment

2025-09-02 21:46 Last Updated At:22:57

The Shanghai Cooperation Organization (SCO) member states have agreed to expand practical cooperation in sustainable investment, according to a statement issued during the SCO Summit 2025 held in north China's port city of Tianjin on Sunday and Monday.

The statement is a concrete step in implementing the SCO Year of Sustainable Development, and demonstrates the member states' commitment to fostering sustainable investment collaboration.

The statement highlights the crucial role of the SCO in driving global economic recovery, ensuring the stability of global industrial and supply chains, and achieving sustainable development goals.

Member states are committed to enhancing the SCO's cooperation mechanisms, developing low-carbon technologies, and leveraging renewable energy to tackle climate change.

They also aim to expand practical cooperation in sustainable investment, share insights and practices for improving business environments, and ensure the sustainability and stability of regional industrial chains.

At the same time, member states acknowledge the essential role of promoting investment and trade facilitation in boosting the development of sustainable investment markets. They are dedicated to maintaining a multilateral trading system that is open, transparent, fair, inclusive, and equitable, based on World Trade Organization rules.

SCO member states to expand practical cooperation in sustainable investment

SCO member states to expand practical cooperation in sustainable investment

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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