上合峰会即将召开，商务部答一财

Core Insights - The upcoming Shanghai Cooperation Organization (SCO) summit in Tianjin from August 31 to September 1, 2025, is expected to be the largest since the organization's inception, presenting significant opportunities for regional economic cooperation [1][3] - China has established over 3,000 enterprises in other SCO member countries, creating more than 200,000 jobs annually, indicating robust investment and industrial cooperation [1][3] Trade and Economic Cooperation - Trade between China and other SCO member countries reached a historical high, with an estimated trade volume of approximately $512.4 billion in 2024, reflecting a 2.7% year-on-year increase and doubling since the 2018 Qingdao summit [3][4] - China imported nearly $90 billion worth of oil, natural gas, and coal from SCO member countries last year, with energy products accounting for about one-fifth of total imports [3][4] Infrastructure and Connectivity - Significant infrastructure projects, such as the China-Central Asia Gas Pipeline and the China-Russia Oil and Gas Pipeline, are operational, enhancing regional connectivity [3][4] - The China-Europe Railway Express has operated over 110,000 trains as of June this year, ensuring stable supply chains across SCO member countries [3][4] Investment and Industry Cooperation - China is actively promoting investment and industrial cooperation with SCO member countries through strategic alignment, policy exchange, and project implementation [4][5] - Over 20 cooperation documents have been signed in key areas, including infrastructure and green minerals, facilitating mutual investment [4][5] Multilateral Trade System - The SCO members, including China, support the multilateral trade system, emphasizing the importance of the World Trade Organization (WTO) in global economic governance [6][7] - The organization has reiterated its commitment to maintaining and strengthening the multilateral trade system amid rising protectionism and unilateralism [6][7]