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CGTN: How the SCO opens up opportunities for regional development as it turns 25

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CGTN published an article exploring how the SCO has evolved from a security-focused mechanism into a comprehensive regional cooperation platform covering areas such as economic development and technological innovation and what role China has played in advancing cooperation within the organization.

BEIJING, Sept. 2, 2026 /PRNewswire/ — Deep in Uzbekistan’s Jizzakh Region, a vast solar farm is transforming the landscape of the Gobi Desert. Tens of thousands of photovoltaic panels stretch across the barren land, capturing sunlight to generate clean energy.

In March, Phase I of the power plant project, built and operated by a Chinese company, began commercial operations. Once fully completed, the project is expected to generate 1.1 billion kilowatt-hours of clean electricity annually, enough to meet the needs of around 400,000 residents.

The solar plant is one of the latest examples of China-SCO cooperation translating into tangible development outcomes. Over the past 25 years, the Shanghai Cooperation Organization (SCO) has expanded from a regional security mechanism into a broad platform for cooperation, with development becoming an increasingly important focus.

Prioritizing development to boost shared prosperity

On Tuesday, Chinese President Xi Jinping attended the 26th Meeting of the Council of Heads of State of the SCO Member States, which coincided with the 25th anniversary of the organization’s founding.

During his speech, Xi put forward four proposals for advancing the SCO’s future development. One key proposal he emphasized was to prioritize development and work toward shared prosperity among SCO member states.

He also highlighted the Shanghai Spirit, featuring mutual trust, mutual benefit, equality, consultation, respect for diversity of civilizations and pursuit of common development, saying the Shanghai Spirit is the organization’s most valuable spiritual asset.

Over the past 25 years, guided by the Shanghai Spirit, the SCO has seen growing trade, deeper investment ties and stronger regional connectivity, creating new opportunities for economic development across the region.

The China-Kyrgyzstan-Uzbekistan railway, for instance, shows how infrastructure cooperation is driving regional development. In December 2024, its construction officially began. Once completed, the route will become a major transport corridor linking China with Central Asia and the wider Eurasian continent, greatly improving trade efficiency and creating broader economic opportunities.

Various cooperation platforms are also facilitating closer economic exchanges among SCO states. Last month, a local economic and trade cooperation conference was held in Bishkek, bringing together more than 100 companies. The event resulted in 193 cooperation agreements and trade deals worth around 1.74 billion yuan ($259 million). Meanwhile, the China-SCO Digital Economy Cooperation Platform, launched in Tianjin one year ago, has already facilitated 29 cross-border cooperation projects covering areas such as computing infrastructure, digital trade and commercial aerospace.

Over the past 25 years, the SCO has evolved into a major regional cooperation platform. Its economic cooperation is shifting from individual projects to stronger institutional frameworks and from bilateral efforts to multilateral coordination, paving the way for more integrated, high-quality and sustainable development across the region.

China: A strong promoter of SCO cooperation

At Tuesday’s summit, Xi said China views the SCO as a priority area for high-quality Belt and Road cooperation and for implementing the Global Development Initiative.

He announced that China would continue hosting events such as the SCO Digital Economy Forum and the SCO Agricultural Expo and will develop an international AI application cooperation center with SCO countries, implement 100 technological cooperation projects with other SCO countries in the next three years and nurture more green industry talents through China-SCO cooperation.

As a founding member of the SCO, China has been a key driver of practical cooperation within the organization.

Shortly after the SCO was founded, China proposed advancing trade and investment facilitation among member states. In 2003, the SCO adopted a multilateral economic cooperation program featuring a three-stage roadmap: promoting trade and investment facilitation in the short term, building stable and transparent rules in the medium term and gradually enabling freer flows of goods, capital, services and technology in the long term.

China has also provided financial support for regional cooperation projects. As of July 2025, China’s accumulated investment in other SCO member states had exceeded $84 billion, making it the largest source of investment and financing for Tajikistan, Kyrgyzstan, Uzbekistan and Pakistan.

At last year’s Tianjin Summit, China proposed establishing cooperation platforms in energy, green industries and the digital economy, along with centers for scientific innovation, higher education and vocational education. All six initiatives have since been launched, generating more than 160 cooperation projects covering clean energy, digital applications and joint talent development.

Egor Prokhin, a researcher at Russia’s Higher School of Economics, said China has played a central role in the SCO’s development.

“The Belt and Road Initiative has helped improve transportation and trade connectivity among Eurasian countries, while the Global Development Initiative has contributed to economic growth and improved livelihoods,” he said, adding these initiatives closely align with the development priorities of SCO members, creating opportunities for businesses and bringing tangible benefits to people across the region.

For more information, please click here:
https://news.cgtn.com/news/2026-09-01/How-SCO-opens-up-opportunities-for-regional-development-as-it-turns-25-1Q5x5WHsoyk/p.html

SOURCE CGTN

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JinkoSolar Unveils Tiger Neo 5.0 All-Black Residential Solar Module with 25.52% Efficiency

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SHANGRAO, China, Oct. 17, 2026 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), today unveiled Tiger Neo 5.0, an all-black residential solar module built on its all-new TAC technology. The first version to reach the market, an all-black 48-cell module, delivers a maximum power output of 510 W with a module efficiency of 25.52%. It was designed to redefine the upper limits of what a scenario-specific module can deliver in both appearance and efficiency for premium homes and other architecturally refined residences.

The module showcases a deeper, more uniform and more refined black appearance than conventional back-contact (BC) modules. Semiconductor-grade low- and high-temperature processes bring the power temperature coefficient down to -0.24%/℃, meaning stronger energy yield in high-temperature environments.

TAC technology combines the excellent carrier transport of TOPCon with the low-temperature processing and positive electrode passivation of HJT, pushing peak cell efficiency to 28%, approaching the theoretical limit of monocrystalline silicon cells. Together with a zero-gap cell layout and hidden-ribbon technology at module level, the module achieves an efficiency of 25.52%. Compared with conventional BC products, it delivers approximately 30 W more power, and a lower temperature coefficient. Its deeper, more premium black appearance blends seamlessly into residential rooftops— especially dark-colored ones — making it a standout in the residential module category for both power and aesthetics.

“Our vision for Tiger Neo 5.0 was to develop a panel tailored to premium residential rooftops. It pushes the boundaries of both performance and aesthetics with innovations in cell technology, passivation processes, structural design, module format and interconnections. With this launch, we aim to help move the industry toward solutions tailored to specific applications,” said Charlie Cao, CEO of Jinko Solar Co., Ltd.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is a holding company combining clean energy industrial operations and strategic investment in emerging technologies. Its industrial foundation is a controlling interest in Jinko Solar Co., Ltd. (SSE: 688223), a global leader in clean energy technology. The Company makes disciplined strategic investments in renewable energy, advanced materials, artificial intelligence, commercial space and other frontier technologies, drawing on its industrial experience and its ability to identify emerging technologies and bring them to commercial scale.

Through Jinko Solar Co., Ltd., the Company distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar has over 10 production facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, and other countries, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of June 30, 2026.

To find out more, please see: www.jinkosolar.com 

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: pr@jinkosolar.com

View original content:https://www.prnewswire.com/news-releases/jinkosolar-unveils-tiger-neo-5-0-all-black-residential-solar-module-with-25-52-efficiency-302911814.html

SOURCE JinkoSolar Holding Co., Ltd.

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AGFUND wins international award for excellence in inclusive banking and social impact

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 Prince Abdulaziz bin Talal credits the founders of AGFUND’s microfinance banks for laying the foundations of its development impact

BANGKOK, Oct. 17, 2026 /CNW/ — The Arab Gulf Programme for Development (AGFUND) won the “Excellence in Inclusive Banking and Social Impact” award at the 2026 Sustainable Development Goals Awards, organized by the World Savings and Retail Banking Institute (WSBI) in cooperation with the European Savings and Retail Banking Group (ESBG).

AGFUND CEO Hammam bin Nasser bin Juraid accepted the award in Bangkok, Thailand, alongside the Annual Meetings of the International Monetary Fund and World Bank Group.

HRH Prince Abdulaziz bin Talal bin Abdulaziz, President of AGFUND, said the recognition acknowledges AGFUND’s experience using financial services to empower underserved communities, strengthen livelihoods and promote economic independence.

He credited the founders of AGFUND’s microfinance banks, particularly the late Prince Talal bin Abdulaziz, for establishing institutions centered on empowering people.

He added that the award reflects over two decades of commitment, the dedication of financial inclusion banks and partners, and clients who transformed financing into businesses and family income. He emphasized expanding opportunities and measuring success through lasting improvements in people’s lives.

Prince Abdulaziz stressed that the recognition reflects the value of institutions reaching excluded populations and encourages broader access and economic opportunities for families.

AGFUND’s financial inclusion banking network has served more than 1.3 million clients and disbursed over US$1.37 billion in financing since inception. Women represent 59 per cent of borrowers, demonstrating its contribution to economic empowerment.

Presented by WSBI, established in 1924, together with ESBG, the award recognizes an approach linking financial services, social impact and sustainable development.

Following its first bank in Jordan in 2004, AGFUND expanded across nine countries: Jordan, Yemen, Bahrain, Syria, Lebanon, Palestine, Sudan, Mauritania and Sierra Leone, focusing on communities underserved by conventional financial institutions.

The network has issued more than 1.5 million loans, opened over 927,000 savings accounts, established 112 branches and employed more than 1,500 people. Its services finance micro and small enterprises and income-generating activities, improving livelihoods and economic independence.

AGFUND plans to strengthen development partnerships, advance digital solutions and innovative financial products, and integrate financing with training, capacity development, market access and risk protection.

It is also exploring geographic expansion, particularly in Africa, through institutional partnerships that adapt successful approaches to local needs and extend sustainable financial inclusion to more communities.

Website – https://agfund.org/

View original content to download multimedia:https://www.prnewswire.com/news-releases/agfund-wins-international-award-for-excellence-in-inclusive-banking-and-social-impact-302911811.html

SOURCE The Arab Gulf Programme for Development (AGFUND)

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GAC Showcases Multiple Models at Canton Fair: Systemic Global Expansion as a Response to High‑Level Opening‑Up

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GUANGZHOU, China, Oct. 17, 2026 /PRNewswire/ — On 15 October, the 140th China Import and Export Fair (Canton Fair) kicked off in Guangzhou. Dubbed “China’s No.1 Exhibition” with a 70‑year history, it serves as a vital window for global merchants to understand China, and one of GAC’s stages to connect with the world. For international buyers, GAC serves not only as a sourcing platform but as a trusted channel for experiencing Chinese automotive innovation and building long-term local partnerships. Having made its debut in 2012, GAC has participated in the fair 30 times to date. Together with the Canton Fair, it has witnessed the transformation of Made‑in‑China products into Chinese global brands.

This transformation is reflected in GAC’s global expansion journey through a string of continuously refreshed sales figures. Overseas sales stood at 90,000 units in 2024, hit 130,000 units in 2025, and exceeded 197,000 units in January‑September 2026, representing a year‑on‑year surge of 138.9%. GAC is sprinting full steam ahead toward its annual target of 300,000 overseas units. GAC has accomplished a shift from “product export” to “system‑level global expansion”.

At the GAC booth, XT80, AION i60 and AISTALAND GX7 showcased intelligent driving, three-electric systems and premium cabins. The energy-ecology zone featured DC ultra-fast charging piles, 7 kW smart home chargers, multi-in-one electric drive units and PV-Storage-Charging-Swapping Technology, addressing range anxiety. Opening day drew buyers from Southeast Asia, the Middle East, Europe, Latin America and Africa. At the Music & Cuisine Festival, GAC built three immersive spaces blending smart mobility, Cantonese cuisine, camping and sports. The XT80, AION N60, GAC S7 and AISTALAND GT7 served as lifestyle carriers, letting guests enjoy morning tea, global cuisines and intangible cultural heritage.

GAC will advance its ONE GAC 2.0 strategy, deepening localized operations and expanding its systematic global layout. As a tribute to the Canton Fair’s 70th anniversary and a new business card for China’s auto industry, GAC will help drive Chinese intelligent manufacturing onto the global stage.

For further information about GAC, please visit https://www.gacgroup.com/en or follow us on social media.

 

SOURCE GAC

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