On February 10, 2026, representatives of the Shanghai Cooperation Organization Secretariat visited the headquarters of the China-Eurasian Fund for Economic Cooperation (CEFEC) in Beijing.

During talks with CEFEC Head Chen Zhuo, SCO Secretariat Advisor Iskander Baitasov discussed cooperation within the Organization in trade, economic, investment, and financial spheres. Priority tasks in the context of implementing the decisions of the Tianjin SCO Summit (September 1, 2025) and other important agreements reached by the leaders of member states were highlighted.

Particular attention was paid to discussing the prospects for CEFEC’s participation in the Organization’s project activities, practical interaction with partners through the Investors’ Association of the SCO Member States, and other forums. Chen Zhuo outlined the priorities and strategy of the fund, established at the initiative of the Chinese government as a platform for direct investment focused on the SCO region. The fund expressed interest in practical cooperation to establish ties with partners and co-investors from the SCO community countries, link promising projects with financial capital, including those implemented in a multilateral format, and conduct joint events.

The China-Eurasian Economic Cooperation Fund (CEFEC) is a state-owned direct investment platform, with the Export-Import Bank of China as its majority shareholder. The launch of CEFEC was announced by Chinese President Xi Jinping in September 2014 at the SCO Heads of State Council meeting in Dushanbe. Priority investment areas for the fund include energy resources and their processing, agricultural development, logistics, infrastructure, information technology, manufacturing, and other sectors. The target investment volume of KEFES is $5 billion.

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