来源：新华社 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： 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 ...

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。 成员国主张尊重各国人民自主选择政治、经济、社会发展道路的权利，强调相互尊重主权、独立、领土完整，平等互利，不干涉内政，不使 用或威胁使用武力原则是国际关系稳定发展的基础。 成员国重申恪守《上合组织宪章》宗旨和原则，始终遵循"互信、互利、平等、协商、尊重多样文明、谋求共同发展"的"上海精神"，持续深 化合作，促进上合组织地区的安全稳定和可持续发展。 成员国重申，反对以集团化和对抗性思维解决国际和地区热点问题。 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 ...

9月1日， 上海合作组织成员国元首理事会第二十五次会议在天津梅江会 展中心举行。国家主席习近平主持会议并发表重要讲话。 牢记初心使命 开创美好未来 ——在上海合作组织成员国元首理事会第二十五次会议上的讲话 （2025年9月1日，天津） 中华人民共和国主席 习近平 尊敬的各位同事： 24年前，上海合作组织刚一成立，就确立了互信、互利、平等、协商、尊重多样文明、谋求共同发展的"上海精神"。24年来，成员国秉持这一初心，共享 机遇、共谋发展，推动上海合作组织建设和合作取得一系列开创性成果、历史性成就。 我们率先建立边境地区军事领域信任机制，把绵延万里的边界打造成友好、互信、合作的纽带。最早采取打击"三股势力"多边行动，扎实推进执法安全合 作，妥善管控处理矛盾分歧，旗帜鲜明反对外部干涉，维护了地区和平安宁。 我们率先启动共建"一带一路"合作，一大批标志性工程和"小而美"民生项目落地生根，产业投资合作积极推进，地区发展繁荣动力更加充足。我提出的中 方同上海合作组织其他国家累计贸易额突破2.3万亿美元的目标提前实现。立体互联互通网络更加完善，成员国之间开通国际公路运输线路近1.4万公里， 开行中欧班列累计超过11万列。 ...

Core Insights - The article highlights the successful collaboration between China National Petroleum Corporation (CNPC) and Central Asian partners in building a comprehensive energy cooperation framework along the Belt and Road Initiative, emphasizing the long-term stability and local employment opportunities created through these projects [1][6]. Group 1: Project Development - CNPC has successfully developed "pearl" projects such as the Amu Darya gas project and the Aktyubinsk project, creating a complete industrial chain that includes exploration, pipeline construction, refining, and trade [3]. - The Amu Darya gas project has become a significant gas production base in Central Asia, supplying a large volume of gas to China and stimulating local economic growth [3]. - The Aktyubinsk project serves as a model for oil and gas exploration in Kazakhstan, promoting the development of related local industries [3]. Group 2: Digital Transformation - CNPC is accelerating the development of new productive forces in Central Asia, focusing on technological advancement and management improvement [4]. - The Aktyubinsk company has established a multi-layered, collaborative technological innovation system that enhances exploration and development efficiency while cultivating local technical talent [4]. - The Amu Darya gas company has implemented a digital management model covering the entire process from demand to inventory, improving efficiency and reducing costs [4]. Group 3: Local Employment and Social Responsibility - CNPC has created over 40,000 job opportunities in Central Asia, with a local employee rate exceeding 95%, while also supporting public projects like the Kazakhstan National Dance Academy [6]. - These initiatives have improved local living standards and fostered cultural exchange between Kazakhstan and China [6]. - CNPC is integrating renewable energy with oil and gas operations, developing core technologies that reduce carbon emissions and enhance energy efficiency [6]. Group 4: Strategic Vision - CNPC's successful practices in Central Asia provide valuable experience for energy cooperation under the Belt and Road Initiative, focusing on mutually beneficial cooperation, technological innovation, and social responsibility [6]. - With nearly 30 years of cooperative foundation, CNPC aims to continue promoting broader and higher-level win-win cooperation through energy partnerships [6][7].

凝聚上合力量 完善全球治理 ——在"上海合作组织+"会议上的讲话 （2025年9月1日，天津） 中华人民共和国主席 习近平 尊敬的各位同事： 今年是世界反法西斯战争胜利和联合国成立80周年，是铭记历史、共创未来的重要时刻。 80年前，两次世界大战的浩劫让国际社会痛定思痛，联合国应运而生，全球治理掀开新的 一页。80年后，和平、发展、合作、共赢的时代潮流没有变，但冷战思维、霸权主义、保 护主义阴霾不散，新威胁新挑战有增无减，世界进入新的动荡变革期，全球治理走到新的十 字路口。 历史告诉我们，越是困难时刻，越要秉持和平共处的初心，坚定合作共赢的信心，坚持在历 史前进的逻辑中前进、在时代发展的潮流中发展。 为此，我愿提出全球治理倡议，同各国一道，推动构建更加公正合理的全球治理体系，携手 迈向人类命运共同体。 各位同事！ 上海合作组织在成立宣言和组织宪章中开宗明义指出，要推动国际政治经济秩序朝着更加民 主、公正、合理的方向发展。24年来，组织秉持互信、互利、平等、协商、尊重多样文 明、谋求共同发展的"上海精神"，坚持地区事务共商、平台机制共建、合作成果共享，提 出并实施许多全球治理新理念，日益成为全球治理体系建设和改 ...

Group 1 - The "2025 Zhengzhou International Cross-Border E-Commerce Trade Expo" was successfully held from August 28 to 30, 2025, attracting nearly 100 cross-border e-commerce service enterprises and over 400 source factories, with more than 30,000 professional visitors and an exhibition area exceeding 20,000 square meters [1][3]. - The expo focused on the entire supply chain of cross-border e-commerce, featuring well-known platforms such as Amazon, Walmart, Alibaba International Station, Taobao Overseas, eBay, TikTok Shop, Coupang, and Shein, along with service enterprises in logistics, payment, compliance, overseas warehouses, and supply chain [3][5]. - Dali's cross-border e-commerce association showcased over 50 unique handicrafts and agricultural products, promoting the Dali cross-border e-commerce comprehensive pilot zone through various methods, including promotional videos and on-site introductions [5][9]. Group 2 - Dali's cross-border e-commerce representatives reported exceeding expectations at the event, with significant sales of their flower tea and plans to participate in future activities to reach a global audience [7]. - The representatives expressed gratitude for the learning opportunities provided by the Dali Commerce Bureau, highlighting the competitive nature of cross-border e-commerce platforms and the favorable policies of Walmart's global e-commerce platform [7][9]. - Dali aims to leverage its geographical advantages and product characteristics to create its own cross-border e-commerce "Silk Road," capitalizing on national and provincial development strategies such as the Belt and Road Initiative and RCEP [9].

埃尔多安表示，土方高度重视发展对华关系，愿同中方一道，用好政府间合作委员会机制，推 进"中间走廊"计划同高质量共建"一带一路"倡议对接，拓展各领域合作，密切党际交流，加强多边协 作，推动两国关系取得更大发展。（完） 蔡奇表示，习近平主席昨天同总统先生举行富有成果的会晤，达成重要共识，就双边关系发展作出 新的战略指引。中方愿同土方一道，全面落实好两国元首重要共识，增进政治互信，支持彼此维护核心 利益，深化发展战略对接，推进高质量共建"一带一路"，密切在国际和地区事务上的沟通协作，推动中 土战略合作关系迈上新台阶。 新华社天津9月1日电（记者陆君钰、杨文）中共中央政治局常委、中央书记处书记蔡奇1日在天津 会见来华出席2025年上海合作组织峰会的土耳其总统埃尔多安。 ...

新华社天津9月1日电 凝聚上合力量 完善全球治理 ——在"上海合作组织+"会议上的讲话 （2025年9月1日，天津） 中华人民共和国主席 习近平 尊敬的各位同事： 今年是世界反法西斯战争胜利和联合国成立80周年，是铭记历史、共创未来的重要时刻。80年前，两次 世界大战的浩劫让国际社会痛定思痛，联合国应运而生，全球治理掀开新的一页。80年后，和平、发 展、合作、共赢的时代潮流没有变，但冷战思维、霸权主义、保护主义阴霾不散，新威胁新挑战有增无 减，世界进入新的动荡变革期，全球治理走到新的十字路口。 历史告诉我们，越是困难时刻，越要秉持和平共处的初心，坚定合作共赢的信心，坚持在历史前进的逻 辑中前进、在时代发展的潮流中发展。 为此，我愿提出全球治理倡议，同各国一道，推动构建更加公正合理的全球治理体系，携手迈向人类命 运共同体。 第一，奉行主权平等。坚持各国无论大小、强弱、贫富，都在全球治理中平等参与、平等决策、平等受 益。推进国际关系民主化，提升发展中国家的代表性和发言权。 第二，遵守国际法治。全面、充分、完整遵守联合国宪章宗旨和原则等公认的国际关系基本准则，确保 国际法和国际规则平等统一适用，不搞"双标"，不将少 ...

Investment Rating - The report maintains a "Buy" rating for the company [5][9]. Core Insights - The company reported a revenue of 77.13 billion yuan for H1 2025, representing a year-on-year growth of 13.99%, and a net profit attributable to shareholders of 16.91 billion yuan, up 16.78% year-on-year [1]. - The trade service revenue saw a significant increase of 43.16%, contributing to a substantial rise in operating cash flow [1]. - The company is positioned as a core beneficiary of the digital RMB in cross-border transactions, with a cross-border payment amount exceeding 2.5 billion USD, reflecting a growth of over 47% [4]. Financial Performance - For H1 2025, the company achieved a net cash flow from operating activities of 12.68 billion yuan, primarily due to increased cash receipts from the Yiwu Global Digital Trade Center [1]. - The projected revenues for 2025, 2026, and 2027 are expected to reach 207.17 billion yuan, 264.87 billion yuan, and 318.70 billion yuan respectively, with net profits of 41.27 billion yuan, 53.81 billion yuan, and 67.40 billion yuan [9]. - The company’s earnings per share (EPS) for 2025 is estimated at 0.75 yuan, with a projected net profit margin of 19.9% [11]. Market Dynamics - Yiwu's total import and export value reached 4,058.3 billion yuan in H1 2025, marking a year-on-year increase of 25%, with exports contributing significantly to this growth [2]. - The company has leveraged AI technology to enhance its platform, achieving over 1 billion visits, which indicates strong user engagement and market acceptance [3]. - The company is actively expanding into emerging markets, with notable growth in trade with Africa, Latin America, ASEAN, and the EU [2].

Investment Rating - The report maintains a "Strong Buy" rating for the company, expecting it to outperform the benchmark index by over 20% in the next six months [1][21]. Core Insights - The company achieved a revenue growth of 3.1% in the first half of 2025, with overseas ports becoming the core growth engine, highlighting the strategic asset value of overseas ports [1]. - The report emphasizes the importance of the company's overseas port strategy, which is expected to enhance its long-term performance and stability [6]. Financial Performance Summary - Total revenue for 2025 is projected at 16,146 million yuan, with a slight increase of 0.1% compared to 2024 [2]. - The net profit attributable to shareholders is forecasted to reach 4,606 million yuan in 2025, reflecting a growth of 2.0% year-on-year [2]. - Earnings per share (EPS) are expected to be 1.84 yuan in 2025, with a price-to-earnings (P/E) ratio of 11 times [2]. - The company’s total assets are estimated to be 204,191 million yuan by 2025, with a debt-to-equity ratio of 47.1% [11]. Operational Highlights - In the first half of 2025, the company reported a container throughput of 10,120.7 million TEU, marking a year-on-year increase of 5.7% [9]. - The overseas container business showed significant growth, with LCT, TICT, and Kumport container throughput increasing by 19.3%, 24.6%, and 16.9% respectively [6]. - The gross margin for the first half of 2025 was 45.73%, an increase of 0.78 percentage points year-on-year, while the expense ratio decreased by 3.58 percentage points [6]. Investment Recommendations - The report maintains profit forecasts of 4,606 million yuan for 2025, 4,865 million yuan for 2026, and 5,116 million yuan for 2027, with corresponding EPS of 1.84, 1.94, and 2.05 yuan [6]. - A target price of 25.69 yuan is set for 2025, indicating a potential upside of 25% from the current price of 20.52 yuan [2][6].