Chinese President Xi Jinping emphasized the need for reform of the global governance system centered on the United States and China during the Shanghai Cooperation Organization (SCO) summit held in Tianjin, China, on 1st (local time). He also argued that the SCO should lead a democratic and multipolar international order.
During his speech that day, Xi said, "We must oppose Cold War mentality and spirit, block-based confrontation and bullying, and safeguard the international system centered on the United Nations."
The Associated Press analyzed Xi's remarks as "an attempt by China to propose an alternative under the perception that the U.S.-led world order is declining."
Professor Alfred Wu of Singapore's Lee Kuan Yew School of Public Policy assessed that "Xi Jinping's remarks that day are consistent with China's existing statements, and the Cold War mentality refers to the United States' hardline attitude towards China and the suspension of financial support to various UN agencies."
Xi expressed his intention to promote the establishment of the SCO Development Bank and promised to provide low-interest loans worth $1.4 billion (approximately 1.95 trillion won) over three years. This is interpreted as a move to intensify China's efforts to expand economic cooperation, attended by Russian President Vladimir Putin and Indian Prime Minister Narendra Modi.
The ten member countries that attended the summit jointly adopted the 'Tianjin Declaration' that day, publicly criticizing the U.S. foreign policy.
According to the state-run Xinhua News Agency, the Tianjin Declaration includes concerns about the escalating Israel-Palestine conflict and strongly condemns the civilian casualties and humanitarian disaster caused in the Gaza Strip.
It also emphasized the full implementation of UN Security Council Resolution 2231, which lifted sanctions on Iran, and that it should not be misinterpreted.
The declaration also included a focus on a multilateral trade system aimed at targeting U.S. tariff pressure. It stated the stance of reinforcing the global nuclear non-proliferation regime as a party to the Treaty on the Non-Proliferation of Nuclear Weapons and advocating for progress in nuclear disarmament, along with mentioning that imposing unilateral sanctions violates international law.
The declaration included all ten member state leaders as signatories. The next chair country is Kyrgyzstan, which is expected to host the meeting next year.