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China will launch the second phase of the special lending facility within the SCO framework following the one in 2018 to promote Belt and Road cooperation. Such lending will mainly cover projects related to modernization, connectivity, infrastructure, and green, low-carbon and sustainable development.
The soaring development of digital economy deepens the cooperation between China and other SCO members. Last month, the China -SCO Forum on the Digital Economy Industry was held in Chongqing, China. SCO Secretary-General Vladimir Imamovich Norov said China's experience in the development of digital economy and cross-border e-commerce has provided an invaluable model for SCO countries to follow.
The SCO member states have been working on creating a greener world for the past 20 years. In the Declaration on the Establishment of the Shanghai Cooperation Organization, it is clearly stated that the purposes of the SCO include encouraging effective cooperation among the member states in environment. The Dushanbe Declaration, passed by SCO member states following the meeting, aims to promote mutually beneficial cooperation in the field of renewable energy to reduce the negative influence on the environment, and facilitate energy security and the shift to cleaner energy in the energy-efficient economy.
As to combating COVID-19, Xi emphasized that China will deepen cooperation with other developing countries, make good use of China's 100 million USD donation to COVAX, and make our due contribution to humanity's ultimate victory over the virus.