Qingdao SCO zone launches comprehensive economic, trade service platform
2 years ago

Qingdao SCO zone launches comprehensive economic, trade service platform

China Daily  

The first one-stop economic, trade service platform was launched recently in the China-Shanghai Cooperation Organization Demonstration Zone for Local Economic and Trade Cooperation in Qingdao. Operated by the China International Trade Single Window, the comprehensive service platform will help promote the orderly flow and efficient allocation of various resources and factors among China and SCO countries and become a "digital Silk Road" that serves open and integrated trade among the SCO regions. In Shandong province, the number of enterprises engaged in economic and trade exchanges with SCO countries exceeds 30,000, among them, 6,430 are located in Qingdao, with annual trade volume exceeding 80 billion yuan. The two-way investment between the Qingdao SCO demonstration zone and SCO countries increased from $400,000 in 2020 to $22.68 million last year, while trade volume increased from 850 million yuan in 2019 to 4 billion yuan last year.

History of this topic

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