Wen Jiabao Suggested The Establishment Of The SCO Development Bank &Nbsp; &Nbsp; The Expansion Of Local Currency Settlement.

Chinese Premier Wen Jiabao On the 25 day, he attended the ninth prime ministers' meeting of the member states of the Shanghai Cooperation Organization in Dushanbe. He suggested that SCO deepen financial cooperation and study and establish. Shanghai Cooperation Organization Development Bank To explore new ways of joint investment and mutual benefit. Expand domestic currency settlement cooperation To promote regional economic and trade exchanges.

Wen Jiabao made a number of suggestions on strengthening the SCO pragmatic cooperation, including:

- enhancing the vitality of economic and trade cooperation. We must adhere to government guidance, push enterprises to expand cooperation in accordance with market rules, and rely on scientific and technological progress to accelerate regional economic development.

- expand energy cooperation. To ensure the safety of energy spanmission, and to develop and utilize wind and solar energy, and improve energy utilization ratio.

- speeding up the construction of infrastructure such as highways, railways, information superhighways, and promoting regional interconnection.

- strengthening agricultural cooperation and studying the establishment of a SCO food security cooperation mechanism. China is ready to help member countries establish agricultural technology demonstration parks.

- promoting capacity building and cultural exchanges. We will further improve the emergency handling mechanism for natural disasters and public health emergencies in the border areas. China is ready to train Chinese and senior management personnel for Member States, undertake the first college students' Arts Festival and organize exchanges and cooperation with other member countries in the field of traditional medicine.

Wen Jiabao said that China is formulating the Twelfth Five Year Plan for national economic and social development, will further increase the policy and financial support for the development of the western region, and promote the stability, prosperity and opening up of the western region, which will create more favorable conditions for China to strengthen exchanges and cooperation with the SCO member states. China is willing to work with all Member States to carry forward the "Shanghai spirit" in the new situation, strengthen confidence and innovate, and move towards the goal of lasting peace and common prosperity.