SCO can help improve global governance
The Shanghai Cooperation Organization is now the world's largest transregional organization in terms of population and land area, as well as economic potential. And despite its disadvantages, the SCO has been making concerted efforts to maintain regional peace and stability. So it will not lose its importance in the future, as some Western media outlets have speculated.
The complicated changes in the global environment have created new challenges for global governance. Six major political, economic and strategic developments have created these challenges: the rapid development of China, political rise of developing countries, increasing unilateralism and populism in some economies, great-power rivalry, major-country relationship, and rising non-traditional security risks to people's lives and national security including terrorism, illegal immigration, environmental pollution and cyberattacks.
How can the SCO meet these challenges?