QINGDAO, June 10 (Xinhua) -- Chinese President Xi Jinping said Sunday that enhanced solidarity and coordination as well as deepened partnerships are needed to achieve lasting stability and development.

Xi made the remarks at a joint press conference of the 18th Shanghai Cooperation Organization summit in the coastal city of Qingdao, east China's Shandong Province.

"We share the view that the world is undergoing major development, transformation and adjustment. The trend toward multi-polarity and economic globalization is deepening, and countries are increasingly interdependent," Xi said.

He said in the face of tortuous recovery of the world economy as well as various international and regional hotspot issues, countries are confronted with many common threats and challenges that no one can tackle alone.

"Only by enhancing solidarity and coordination and deepening partnerships featuring peace, cooperation, equality, openness, inclusiveness and mutual benefit, will we be able to achieve lasting stability and development," he said.