Group 1: Open Market Operations - The central bank announced a reverse repurchase operation of 182.7 billion yuan for 7 days at a fixed rate of 1.40% on September 1, with the same amount being the bid and awarded [1] - On the same day, 288.4 billion yuan of reverse repos matured, resulting in a net withdrawal of 105.7 billion yuan [1] Group 2: Funding Conditions - On the first trading day of the month, the central bank's reverse repos decreased significantly, leading to a net withdrawal, while the interbank market remained stable overall [3] - The overnight repo rate for deposit-taking institutions fell by nearly 2 basis points to 1.31% [3] - The latest quotes for overnight financing of non-bank institutions using pledged certificates and credit bonds slightly decreased to around 1.43% [3] - The latest overnight financing rate in the U.S. was reported at 4.34% [3] Group 3: Interbank Certificates of Deposit - The latest transaction rate for one-year interbank certificates of deposit among major national and joint-stock banks remained stable at 1.66% [10] Group 4: Bond Market Overview - The yields on major interbank bonds mostly declined [9] - The closing prices for government bond futures collectively increased, with the 30-year main contract rising by 0.30%, the 10-year by 0.17%, the 5-year by 0.08%, the 2-year by 0.02% [13] Group 5: Global Macro Insights - The European Central Bank President Lagarde expressed concerns about any government changes in the Eurozone, stating that the French banking system is in a better condition than during the 2008 crisis [16] - South Korea's exports in August increased by 1.3% year-on-year, marking the third consecutive month of growth, with semiconductor exports reaching a record high of 15.1 billion USD, up 27.1% year-on-year [18]

2025年9月1日，上合组织天津峰会结束之际，中共中央政治局委员、外交部长王毅在峰会新闻中心同上 合组织秘书长叶尔梅克巴耶夫共同会见中外记者并答问。 王毅介绍了本届峰会取得的八大成果： 一是制定了上合组织未来10年发展战略。这一管总的战略明确指出，成员国将遵循"上海精神"，坚持互 利合作、相互成就，为构建多极世界作出更多贡献。这一纲领性文件为上合组织未来10年发展定下了基 调、明确了方向。 四是落地了"四个安全中心"。成员国领导人签署协定，宣布成立上合组织应对安全威胁与挑战综合中心 及其信息安全中心、打击跨国有组织犯罪中心，以及上合组织禁毒中心，见证"四个安全中心"揭牌落 地。这是上合组织安全合作的又一重大进展，将全面提升成员国应对新威胁新挑战能力，更有效维护地 区和平安宁。 五是做出了成立上合组织开发银行的政治决定。中方10多年前提出成立开发银行倡议，这次终于瓜熟蒂 落。上合组织将启动这一进程，欧亚地区将增加一个多边合作的新平台，将会有力促进上合组织国家基 础设施建设和经济社会的发展，无论对成员国还是本地区来说，都是一件值得庆祝的好事。 六是设立了6个务实合作平台。习近平主席宣布，中方将成立中国—上合组织能 ...

Core Points - The Shanghai Cooperation Organization (SCO) leaders recognize the rising uncertainty in the global economy and the spread of restrictive trade measures, emphasizing the importance of a multilateral trade system for inclusive growth and sustainable development [2] - The SCO supports a multilateral trade system based on World Trade Organization (WTO) rules, advocating for special and differential treatment for developing countries, including the least developed countries [2][3] - The leaders express concern over the increasing tension in international economic relations, which threatens global economic and trade development [2][3] Multilateral Trade System - The SCO reaffirms the significance of development issues within the WTO's work, calling for the advancement of special and differential treatment provisions for developing countries [3] - There is a recognition of the challenges to global food security, urging measures to enhance agricultural production and ensure diverse supply chains [3] - The SCO supports the acceleration of discussions on e-commerce within the WTO framework, aiming to address digital inequality and boost confidence in e-commerce among consumers and businesses [3] Supply Chain and Cooperation - The importance of open, inclusive, stable, resilient, and diversified supply chains for achieving sustainable development goals is emphasized [5] - The SCO expresses concern over measures that undermine global supply chain stability and encourages international cooperation to enhance supply chain resilience [6] - The organization highlights the need to increase membership and regional representation in the multilateral trade system, aiming to attract more developing countries, including the least developed ones [6] Membership and Future Meetings - The SCO supports the accession of Belarus, Iran, and Uzbekistan to the WTO under Article 12 of the Marrakesh Agreement [7] - The leaders look forward to practical outcomes from the 14th WTO Ministerial Conference scheduled to be held in Cameroon in 2026 [7]

Group 1 - The leaders of the Shanghai Cooperation Organization (SCO) recognize the rising uncertainty in the global economy and the spread of restrictive trade measures, emphasizing the importance of a multilateral trade system for promoting inclusive economic growth and sustainable development [2] - The SCO supports a multilateral trade system based on World Trade Organization (WTO) rules, highlighting the need for special and differential treatment for developing countries, including the least developed countries [2][3] - There is a call for dialogue and cooperation among parties to adhere to international trade laws, including WTO rules, to eliminate restrictive measures that violate these rules [2][3] Group 2 - The importance of development issues in the WTO's work is reiterated, with a focus on improving special and differential treatment provisions for developing countries and supporting their industrialization [3] - Global food security challenges are acknowledged, with a call to enhance agricultural production and ensure diverse and smooth food supply chains, particularly for developing and least developed countries [3] - The SCO supports the acceleration of discussions on the WTO's e-commerce work program, aiming to address digital inequality and boost confidence in e-commerce among consumers and businesses [3] Group 3 - The SCO emphasizes the significance of open, inclusive, stable, resilient, and diversified supply chains for achieving sustainable development goals [5] - Concerns are raised regarding measures that undermine global supply chain stability, with encouragement for continued international cooperation to enhance supply chain resilience [6] - The importance of increasing membership, improving regional representation, and expanding the inclusivity of the multilateral trade system is highlighted, along with support for Belarus, Iran, and Uzbekistan to join the WTO [6]

上海合作组织成员国元首理事会天津宣言 上海合作组织（以下称"上合组织"或"本组织"）成员国领导人于2025年9月1日在中国天津举行元 首理事会会议，并发表宣言如下： 一 世界政治、经济形势及国际关系的其他各领域正经历深刻历史性变革。国际体系朝着更加公正、 平等、更具代表性的多极化方向演进，为各国自身发展和互利合作开辟了新的前景。 与此同时，地缘政治对抗愈演愈烈，对世界和上合组织地区的安全和稳定构成威胁与挑战。全球 经济，特别是国际贸易和金融市场遭受严重冲击。 2025年是第二次世界大战胜利和联合国成立80周年。爱好和平国家团结战胜纳粹主义、法西斯主 义、军国主义的伟大胜利，决定了世界历史发展进程，为建立保障人类和平发展的稳定国际关系 体系创造了条件。成员国呼吁铭记各国人民的英勇壮举和第二次世界大战历史教训。 联合国作为独一无二的政府间组织，为维护和平与安全、促进经济社会发展、保障人权开展了有 效工作，推动了必要合作。成员国重申坚持以《联合国宪章》及其他公认的国际法原则、尊重文 明多样性、平等互利合作为基础，发挥联合国中心协调作用，构建更具代表性、更加民主公正的 多极世界。 发表了《上合组织成员国元首理事会关于 ...

Group 1 - The core viewpoint emphasizes the establishment of the Shanghai Cooperation Organization Development Bank to provide stronger support for member countries' security and economic cooperation [1][3] - A commitment to provide 2 billion RMB in unconditional aid to member countries within the year was highlighted [3] - The call for the activation of a comprehensive center for addressing security threats and challenges, as well as a drug control center, was expressed [3] Group 2 - The speech advocates against Cold War mentality, bloc confrontation, and bullying behavior, promoting a multipolar world with equality and order [3] - There is a strong emphasis on mutual benefit and win-win cooperation, with a focus on deepening development strategy alignment and high-quality construction of the Belt and Road Initiative [3] - Collaboration in various fields such as energy, infrastructure, green industries, digital economy, technological innovation, and artificial intelligence is encouraged to achieve modernization together [3]

上海合作组织成员国元首理事会关于支持多边贸易体制的声明。（央视新闻） 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何 意见、观点或结论是否符合其特定状况。据此投资，责任自负。 ...

（文章来源：新华社） 新华社快讯：上海合作组织成员国领导人发表关于支持多边贸易体制的声明。 ...

新华社快讯：上海合作组织成员国领导人发表关于支持多边贸易体制的声明。 责编：陈菲扬、卢思宇 ...

上海合作组织成员国领导人发表关于支持多边贸易体制的声明。 （文章来源：新华社） ...