Hindustan Times (Gurugram)

Corporate leaders and academics hail fresh vision

- By FU JING and LEI XIAOXUN

Experts and business executives from home and abroad have hailed the vision and concrete plans outlined in President Xi Jinping’s speeches at the 18th Shanghai Co-operation Organisati­on Summit as well as the consensus reached at the gathering.

The Shanghai Spirit combined with Confuciani­sm, which champions harmony, unity and the common good, is the need of the hour, said Rajeev Sahai, a senior technical manager at PacMarine Services Consultanc­y.

Most mistrust comes from an egoistic attitude and being secretive, he said, so Mr Xi’s emphasis on openness and getting rid of the Cold War mentality is a very good gesture.

Mr Sahai said he expected some logical steps to be taken after the summit to counter terrorism, eliminate border disputes and boost trade.

Mr Xi hopes that the organisati­on will serve as a new and successful example of creating a shared future for mankind, said Li Yihai, secretary-general and executive director at the Shanghai Academy of Social Sciences Think Tank Foundation.

Mr Xi put forward tangible and concrete plans, such as law enforcemen­t personnel training programmes, to promote common security among nations, which is a prerequisi­te to the economic, social and cultural developmen­t across the region, Mr Li said.

The summit, held in Qingdao on June 9 to 10, was a treasure for people from member countries of the organisati­on, said Pachkevitc­h Yan, a senior reporter at Belarus State TV & Radio Company.

“We need to... do something for the common good,” he said. “The achievemen­ts during the Qingdao summit suggest that our leaders understand it and are pulling in their efforts and wisdom to make it happen.”

Such views were echoed by Guan Qing, chairman of China State Constructi­on Engineerin­g Corp, which has built over 40 projects with a total contract value of $5 billion (337 billion rupees) in a number of member countries of the Shanghai Co-operation Organisati­on in the past two years.

Mr Guan said Mr Xi’s visionary remarks embodied the principle of extensive consultati­on, joint contributi­ons and shared benefits that can serve as the conducting baton for business practices.

Business executives also saw synergies being unleashed between the organisati­on and the Belt and Road Initiative, both of which aim to forge stronger ties and enhance connectivi­ty across countries.

Alexander Machkevitc­h, chairman of Eurasian Resources Group from Kazakhstan, said his mining company stood at the nexus of economic ties between China and other organisati­on members as an active contributo­r to the Belt and Road Initiative.

It is important to recognise the opportunit­y that the initiative provides to nurture talent and develop new capabiliti­es across Eurasia, he said, adding that China is starting to share knowledge, develop technology and provide human resources in related markets.

Mr Li of the Shanghai Academy of Social Sciences said that being part of the initiative is conducive to the stability and prosperity of member states of the Shanghai Co-operation Organisati­on.

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