Joint SCO efforts urged to beat financial woes

ASTANA: Ensuring the security of China's economy would be the country's most important contribution toward global financial stability, Premier Wen Jiabao told prime ministers from the Shanghai Cooperation Organization (SCO) yesterday.

"It is necessary to have greater interaction between our financial and business communities," Wen said. "SCO members must work ... to enhance the coordination of monetary policies and improve financial controls to prevent and neutralize financial risks."

Wen said China would consider issuing loans to members of the organization to ensure food security and support joint projects in the region.