Core Points - 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] - The summit will see member states sign the "Tianjin Declaration" and approve the "SCO Development Strategy for the Next 10 Years," outlining a new blueprint for future development [1] Trade and Economic Cooperation - Trade between China and other SCO member states reached a historical high, with an estimated trade volume of approximately $512.4 billion in 2024, marking a 2.7% increase year-on-year and doubling since the 2018 Qingdao summit [3] - In 2023, China imported nearly $90 billion worth of oil, natural gas, and coal from SCO members, and $13.66 billion in agricultural products, with energy imports accounting for about one-fifth of total imports [3] - China exported $210 billion in electromechanical products to SCO members, representing 63% of its total exports to these countries, contributing to their industrialization and economic transformation [3] Infrastructure and Connectivity - Key infrastructure projects such as the China-Central Asia Gas Pipeline and the China-Russia Oil and Gas Pipeline are operational, enhancing connectivity [3] - The China-Russia Tongjiang Railway Bridge and Heihe Highway Bridge have been completed, and the China-Kyrgyzstan-Uzbekistan Railway is under construction [3] - The China-Europe Railway Express has operated over 110,000 trains as of June 2023, ensuring stable supply chains in the region [3] Investment and Industry Cooperation - China has established over 3,000 enterprises in other SCO member states, creating over 200,000 jobs annually [1] - The Ministry of Commerce is promoting investment and industry cooperation through strategic alignment, environmental optimization, and project implementation [5] - More than 20 cooperation documents have been signed in key areas, including infrastructure, renewable energy, and green minerals, facilitating mutual investment [5] Multilateral Trade System - The SCO member states, including China, support a multilateral trade system centered around the World Trade Organization (WTO), emphasizing the importance of maintaining a rules-based trading environment [7] - The organization has reiterated its commitment to uphold and strengthen the multilateral trade system, addressing global trade challenges and supporting open, inclusive, and sustainable supply chains [7][8] - China aims to enhance communication and cooperation with other SCO members to promote WTO reforms and ensure the system's authority and effectiveness [8]
上合峰会即将召开 商务部答一财
Di Yi Cai Jing·2025-08-27 15:58