Core Insights - The Shanghai Cooperation Organization (SCO) aims to strengthen unity, deepen mutually beneficial cooperation, and contribute to building a community with a shared future for mankind [2][5] - The recent SCO Tianjin Summit established a 10-year development strategy and the formation of the SCO Development Bank, enhancing regional and global stability [2] - Economic cooperation, particularly in digital economy, green development, poverty reduction, and infrastructure connectivity, is a key pillar for the SCO's growth [2] Economic Cooperation - The China-Pakistan Economic Corridor has improved Pakistan's transportation, energy, and industrial infrastructure, promoting industrialization and modernization [3] - China's practical initiatives align with the development needs of SCO member states, providing tangible benefits [2][3] Cultural Exchange - Human exchanges are vital for development cooperation, fostering understanding and trust among nations [3][4] - The SCO emphasizes cultural dialogue, youth exchanges, and think tank cooperation to enhance mutual understanding [3] Manufacturing Influence - "Made in China" products play a significant role in the daily lives of people in SCO member countries, serving as a bridge for communication and understanding [4]

Core Viewpoint - The article highlights that the decline in housing prices across various cities is stabilizing, with a notable narrowing of the year-on-year decline in August 2025, indicating a potential recovery in the real estate market [4][5]. Group 1: Housing Price Trends - In August 2025, the new residential property prices in first-tier cities decreased by 0.1% month-on-month, with Shanghai seeing a 0.4% increase, while Beijing, Guangzhou, and Shenzhen experienced declines of 0.4%, 0.2%, and 0.4% respectively [4]. - Year-on-year, first-tier cities saw a 0.9% decrease in new residential property prices, with Shanghai increasing by 5.9%, while Beijing, Guangzhou, and Shenzhen recorded declines of 3.5%, 4.3%, and 1.7% respectively [4]. - Second and third-tier cities experienced month-on-month declines of 0.3% and 0.4%, respectively, with year-on-year declines of 2.4% and 3.7%, both showing a narrowing of the decline compared to previous months [4][5]. Group 2: Policy Impact - Recent local government policies aimed at easing the real estate market have shown effectiveness, particularly in first-tier cities, contributing to a stabilization in housing prices [5]. - The expectation is that the effects of these easing policies will gradually reflect in the fundamental market conditions, potentially boosting demand in the real estate sector [5]. Group 3: International Cooperation - The National Development and Reform Commission has signed over 30 cooperation documents with various countries, focusing on initiatives related to the Belt and Road Initiative, digital economy, and green development [6]. - Key agreements include cooperation plans with Kazakhstan and Uzbekistan on the Belt and Road, as well as memorandums on digital economy collaboration with multiple Central Asian countries [6].