Chinese Vice Foreign Minister Cheng Guoping on Tuesday called for "healthy and steady" development of the Shanghai Cooperation Organization (SCO) in the next 10 years.

"(We should) turn the SCO into an organization of unity and high-degree of mutual trust," Cheng said in a speech at a forum prior to an SCO summit scheduled for early next month. The 12th Meeting of the Council of Heads of Member States of the SCO will be held in Beijing on June 6-7.

Founded in 2001, the SCO groups China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.

"As SCO member states are neighbors to each other, we are bound to develop long-term cooperation, establish enduring friendship and live in harmony," said the Chinese official.

Cheng said the member states should work together to make the SCO a reliable organization of sincerity and mutual assistance.

In face of the daunting tasks of upholding the sovereignty and security of member states, the SCO should make active response, firmly support the member states and do its shares, he said.

In order to keep the organization full of vitality, the SCO has to associate itself with the interests of the people," Cheng said.

"It should work to meet the development needs of the member states, and to improve the lives of the 1.5 billion people of the member states and bring benefits to them," he said, adding that the SCO will usher in an important development period in its regional economic cooperation in the next decade.

Cheng said a development bank will be established to increase financing channels for domestic and multilateral projects of the member states, jointly fend off financial crises, and collectively participate in and shape the international financial system.

"In the next ten years, China will continue to inject fund into the SCO special account and the development bank, and will continue to provide concessional loans and assistance to other member states," he said.

Cheng said the SCO should persistently advocate democracy and harmony in international relations and seek win-win cooperation in economic globalization.

"The SCO will maintain its nature as an organization for non-alliance and non-confrontation," said the Chinese official, adding that "we will make the SCO play an exemplary and leading role in the efforts to build a harmonious world of durable peace and common prosperity.