Shandong zone furthers trade with SCO nations
China DailyThe China-Shanghai Cooperation Organization Demonstration Zone for Local Economic and Trade Cooperation in Qingdao, Shandong province has contributed greatly in economic collaboration with SCO members, said Shandong officials. In 2020, the multi-modal transport center in the China-SCO demonstration zone operated 401 Eurasian freight trains, up 15.8 percent year-on-year, with container throughput reaching 765,000 twenty-foot equivalent units, up 11 percent. Official data showed that last year, the zone's trade with SCO countries reached 1.29 billion yuan, an increase of 51.3 percent year-on-year. Over the 14th Five-Year Plan period, the zone will expand its role to serve Qingdao's position as a node to connect the East and West through its land-sea transport systems, as well as contribute to the city's efforts in deepening opening-up and international cooperation, said Shandong authorities.