Group 1 - The 2025 Shanghai Cooperation Organization (SCO) Summit will be held in Tianjin from August 31 to September 1, 2025, highlighting the ongoing investment cooperation between China and SCO member countries [1] - As of July 2025, China's investment stock in other SCO member countries exceeds $84 billion, with cooperation expanding from traditional sectors like oil and gas to emerging fields such as digital economy and green development [1] - China has signed investment protection agreements with all member countries, including upgraded agreements with Russia, Kazakhstan, and Tajikistan, enhancing mutual investment protection and improving investment access [1] Group 2 - Trade between China and other SCO member countries reached a record high of approximately $512.4 billion in 2024, a 2.7% increase year-on-year, doubling the trade volume since the 2018 Qingdao Summit [2] - In the previous year, China imported nearly $90 billion worth of oil, natural gas, and coal from SCO member countries, with energy products accounting for about one-fifth of China's total imports [2] - The establishment of a connectivity network among SCO countries is rapidly progressing, with significant infrastructure projects like the China-Russia Tongjiang Railway Bridge and the China-Kyrgyzstan-Uzbekistan Railway [2] Group 3 - Following the Tianjin Summit, the Ministry of Commerce will send a delegation to Russia for the 24th SCO Economic Ministers' Meeting on September 6, focusing on implementing the economic outcomes from the Tianjin Summit [2] - Future regional economic cooperation within the SCO will focus on integrated trade and investment development, deepening international supply chain cooperation, and enhancing connectivity [2]

Core Points - The 2025 Shanghai Cooperation Organization (SCO) Summit will be held in Tianjin from August 31 to September 1, marking the largest summit since the organization's inception, presenting significant opportunities for regional economic cooperation [1] - As of July 2025, China's investment stock in other SCO member countries exceeds $84 billion, with cooperation expanding from traditional sectors like oil and gas to emerging fields such as digital economy and green development [1] - The China-Europe Railway Express has operated over 110,000 trains as of June this year, ensuring stable supply chains across SCO member countries [1] Economic Cooperation Mechanisms - The SCO's main mechanism for regional economic cooperation is the Economic Ministers' Meeting, which has been operational for years, facilitating daily communication and coordination among member countries' economic departments [3] - A series of cooperation mechanisms have been established, including the SCO Interbank Consortium, the Entrepreneurs' Committee, and the Economic Think Tank Alliance to strengthen financial cooperation [3] Action Plan and Progress - The "China-SCO Countries Economic and Trade Cooperation High-Quality Development Action Plan" was launched, covering seven areas including goods trade, investment, and digital trade, with 84 tasks identified [4] - As of now, 67 tasks have been completed, 4 have made positive progress, and 13 require long-term efforts, indicating significant advancements in regional economic cooperation [4] Investment and Training Initiatives - An SCO Investors Alliance was formed, with its first meeting held in Astana, Kazakhstan, aimed at promoting investment among member countries [5] - A total of 173 training sessions have been conducted in various fields, training over 6,900 personnel from SCO countries, enhancing the capacity for economic cooperation [5] Multilateral Trade System - The SCO members, including China, support the multilateral trading system, with a consensus on maintaining the World Trade Organization (WTO) as a key platform for global economic governance [6] - The organization has issued statements reaffirming commitment to uphold and strengthen the multilateral trading system in response to global trade challenges [6][7] Future Directions - China aims to enhance communication and cooperation with other SCO members to promote genuine multilateralism and support WTO reforms [7] - The focus will be on maintaining fundamental principles of the WTO, advancing rules to facilitate investment, and ensuring practical outcomes from the upcoming ministerial meeting in March 2026 [7]

Group 1 - The core viewpoint of the news is the positive progress of the "China-SCO Economic Cooperation High-Quality Development Action Plan," which has seen 67 out of 84 tasks completed, with 4 tasks making significant progress and 13 tasks requiring long-term efforts [1] - The action plan, which spans from 2024 to 2025, targets not only SCO member states but also observer countries and dialogue partners, totaling 25 nations, focusing on seven key areas including trade, investment, and digital commerce [1] - Chinese enterprises have established over 3,000 companies in other SCO member countries, creating more than 200,000 jobs annually [1] Group 2 - The Ministry of Commerce is enhancing investment and industrial cooperation among SCO member states through strategic alignment, environmental optimization, and project implementation [2] - In April, under China's initiative, the 9th meeting of the SCO Investment Promotion Working Group and the China-SCO Sustainable Development Industry Cooperation Conference were held, focusing on infrastructure, new energy, and green minerals [2] - Over 20 cooperation documents in key areas have been signed to facilitate mutual investment among member states, with a specific agreement on green mineral investment cooperation signed with five Central Asian countries in June [2] Group 3 - Following the Tianjin summit, a delegation may be sent to Russia for the 24th SCO Economic Ministers' Meeting, focusing on implementing agreements reached at the Tianjin summit [3] - Future efforts will aim at integrating trade and investment development, deepening international supply chain cooperation, and enhancing regional economic cooperation frameworks [3] - The focus will also be on upgrading investment and trade agreements with more member states, observers, and dialogue partners, promoting coordinated development in goods, services, and digital trade [3]

Core Points - The Ministry of Commerce of China plans to upgrade investment and trade agreements with more member countries, observer countries, and dialogue partners of the Shanghai Cooperation Organization (SCO) [1][2] - A delegation will be sent to Russia for the 24th meeting of SCO economic ministers on September 6, focusing on implementing the consensus reached at the Tianjin summit [1] - The Ministry aims to achieve specific measures and a roadmap for economic cooperation based on the outcomes of the Tianjin summit [1] Summary by Categories Trade and Investment - The Ministry of Commerce emphasizes the integration of trade and investment development as a key area for future cooperation [1] Supply Chain Cooperation - There is a focus on deepening international cooperation in production and supply chains among SCO member countries [1] Connectivity - The Ministry aims to enhance connectivity initiatives to further regional economic cooperation [1] Framework Improvement - Efforts will be made to improve the regional economic cooperation framework, including upgrading agreements with more member countries and promoting the coordinated development of goods trade, service trade, and digital trade [1]

Core Insights - The Shanghai Cooperation Organization (SCO) has seen significant progress in regional economic cooperation, with China's trade with other member countries reaching $293.18 billion from January to July this year, marking a year-on-year increase of 1.8% [1] - Over the past five years, trade between China and SCO member countries has consistently surpassed $300 billion, $400 billion, and $500 billion, projected to reach a historical high of $512.4 billion in 2024, reflecting a year-on-year growth of 2.7% [1] - New business models and sectors are rapidly developing, with cross-border e-commerce imports from other member countries expected to grow by 34% in 2024, allowing more quality and unique products to enter the Chinese market through e-commerce channels [1] Investment and Economic Cooperation - As of July this year, China's direct investment stock in other SCO member countries has exceeded $40 billion, with investment projects expanding from traditional sectors like energy and infrastructure to emerging fields such as digital economy and green development [1]

Core Insights - The Shanghai Cooperation Organization (SCO) has seen significant progress in regional economic cooperation, particularly in the expansion of goods trade [1] - In the first half of this year, the trade volume between China and other SCO member countries reached $247.7 billion, marking a year-on-year increase of 0.8% [1] - Over the past five years, trade volume between China and SCO member countries has consistently surpassed $300 billion, $400 billion, and $500 billion, with a projected total of $512.4 billion in 2024, representing a year-on-year growth of 2.7% [1] Trade Dynamics - China primarily exports electromechanical products, automobiles and parts, clothing, and chemicals to other SCO member countries [1] - The main imports from other SCO member countries to China include oil and gas, agricultural products, coal, and mineral resources [1]