Chinese President Xi Jinping announced a major push for regional cooperation at the 25th SCO summit in Tianjin, revealing plans to launch 100 practical livelihood projects across member states. Dubbed 'small and beautiful,' these initiatives aim to improve daily life while strengthening ties between Asia’s key players.
What’s the Plan? 💡
The projects will focus on grassroots needs like healthcare, education, and sustainable infrastructure. China will back this vision with 2 billion yuan ($280.5M) in grants this year alone, plus an additional 10 billion yuan ($1.4B) in loans over three years through SCO-linked banks.
Funding the Future 🚀
President Xi emphasized this move as part of China’s 'win-win' strategy during his keynote speech. The SCO – which includes countries like Kazakhstan, Russia, and India – serves as a crucial platform for economic and security collaboration in Eurasia.
Analysts say these projects could mirror China’s successful poverty-alleviation models while adapting to local needs. For young professionals and travelers, this signals new opportunities in emerging markets across Central and South Asia.
