Premier Li Keqiang (4th L) attends the 16th meeting of the Council of the Shanghai Cooperation Organization (SCO) Heads of Government (Prime Ministers) in Sochi, Russia, Dec 1, 2017. [Photo/Xinhua]

Li also proposed to boost cooperation in industrial production capacity, investment facilitation, and between the SCO members in the industries of clean energy, green economy, geoscience and aerospace.

Furthermore, Li encouraged the member countries to consolidate people-to-people exchanges and continuously promote communications and cooperation in education, culture, science and technology, healthcare, environmental protection, tourism and the younger generations.

Prime ministers and government representatives from the SCO member countries also participated in the conference. They spoke highly of the good momentum and great potential for development of the organization.

They said regional security and economic development are in line with the common interests of all member countries.

Under the "Shanghai Spirit" featuring mutual trust, mutual benefit, equality, consultation, respect for cultural diversity and pursuit of common development, the SCO members should strengthen strategic alignments, and push forward inter-connectivity and regional trade integration, they said.

They pledged to offer supportive policies to enterprises and help them participate in regional economic cooperation.