China to provide tens of billions of dollars in credit to assist member countries in coping with crisis

Beijing Jekaterinburg June 16 (Xinhua Zibin Tin Bing) Chinese President Hu Jintao said 16th that China will provide 10 billion of billions of dollars in credit support to help SCO member states cope with the financial crisis. The SCO member States, observer state leaders and guests of the President of the country held a wide-ranging meeting on the morning of 16th, as Hu Jintao said in his speech.　　Hu stressed that China will abide by its commitments and continue to support multilateral and bilateral project cooperation within the framework of the Organization. To this end, Hu said that China will provide 10 billion U.S. dollars of credit support for the SCO member States to deal with the impact of the international financial crisis to make their own efforts. In addition, China will organize trade and investment promotion group to member countries, promote import and export trade and two-way investment with member countries.