China's foreign trade with SCO member countries hits $244.85b
China DailyDeals for 20 projects worth a total of 66.8 billion yuan are signed both online and offline during the opening ceremony of 2021 SCO International Investment and Trade Expo in Qingdao, Shandong province on April 26. China's foreign trade with Shanghai Cooperation Organization member countries saw a substantial growth of 15 percent year-on-year to $244.85 billion in 2020, according to Customs spokesman Li Kuiwen at a SCO event in Qingdao, Shandong province on April 26. The 2021 SCO International Investment and Trade Expo will run for three days and will include an opening ceremony, an SCO Qingdao forum on local economic and trade cooperation, an exhibition, and a series of trade forums. It encourages members to deepen regional economic and trade cooperation, unblock major international logistics channels, promote investment and trade facilitation, and contribute to the promotion of local cooperation and the development of SCO.