Core Points - The trade volume between China and other member countries of the Shanghai Cooperation Organization (SCO) reached 2.11 trillion yuan in the first seven months of this year, marking a 3% year-on-year increase and setting a historical record for the same period [1] - The SCO is enhancing cooperation in trade, investment, and connectivity, contributing to regional development and prosperity [1] Group 1: Economic Cooperation - The China-SCO Local Economic and Trade Cooperation Demonstration Zone in Qingdao is showcasing significant activity, with efficient logistics and trade flows, including fresh produce and electric vehicles being exported to various countries [2][3] - The "Silk Road E-commerce" comprehensive service base and the "Credit SCO" cross-border credit service platform are established to facilitate trade and reduce risks for enterprises [3] Group 2: Trade Facilitation - Tianjin Port has become a crucial hub for trade with SCO countries, operating direct rail-sea intermodal services that significantly shorten transportation times [4][5] - The port has established connections with over 180 countries and regions, enhancing trade efficiency and contributing to regional supply chain stability [5] Group 3: Border Cooperation - The Horgos International Border Cooperation Center is a key platform for cross-border trade, with a significant increase in trade volume and personnel movement in the first seven months of this year [7][8] - The center has facilitated a 50.1% increase in cargo volume and a 37.7% rise in trade value, demonstrating the effectiveness of streamlined customs processes [7][8]

Core Points - The Shanghai Cooperation Organization (SCO) is enhancing economic cooperation among member states, with a focus on mutual benefits and shared prosperity, as evidenced by a 3% year-on-year increase in trade volume, reaching 2.11 trillion RMB in the first seven months of the year [9] - The China-SCO Local Economic and Trade Cooperation Demonstration Zone in Qingdao is becoming a hub for efficient logistics and trade, facilitating connections between businesses and enhancing regional cooperation [10][11] - The Tianjin Port is playing a crucial role in facilitating trade among SCO member countries, with significant improvements in logistics efficiency and a growing number of international shipping routes [12][13] Economic Cooperation - The SCO is deepening collaboration in trade, investment, and connectivity, which is vital for regional development and economic growth [9][10] - The establishment of platforms like the "Silk Road E-commerce" service base and the "Credit SCO" cross-border credit service platform is aimed at reducing risks and enhancing business cooperation among member states [11] Trade and Logistics - The Tianjin Port has established direct rail and sea connections with Central Asia, significantly reducing transportation times and distances, thus enhancing trade efficiency [12][13] - The Horgos International Border Cooperation Center is facilitating cross-border trade with a wide variety of products, showcasing the growing economic ties between China and SCO countries [15][16] Market Dynamics - The trade volume through the Horgos cooperation center has seen substantial growth, with a 50.1% increase in cargo volume and a 37.7% rise in trade value in the first seven months of the year [15] - The efficiency of customs processes at the Horgos port has improved significantly, with a 60% reduction in processing time and an 80% increase in vehicle passage efficiency [16]

Core Insights - In the first seven months of this year, China's trade with other member countries of the Shanghai Cooperation Organization (SCO) reached 2.11 trillion yuan, marking a 3% year-on-year increase and setting a historical record for the same period [1] Group 1: Economic Cooperation and Trade - The SCO has been deepening cooperation in trade, investment, and connectivity, contributing to regional development and prosperity [1] - The China-SCO Local Economic and Trade Cooperation Demonstration Zone in Qingdao has become a hub for efficient logistics and trade, facilitating connections between Chinese and SCO member countries [2][3] - The "Silk Road E-commerce" comprehensive service base and the "Credit SCO" cross-border credit service platform have been established to provide systematic solutions for trade cooperation among SCO countries [3] Group 2: Logistics and Transportation - Tianjin Port has enhanced its role as a key logistics hub, maintaining trade relations with over 180 countries and regions, and has opened sea-rail intermodal trains to connect SCO countries with global markets [4][5] - The efficiency of logistics has improved significantly, with the Tianjin Port facilitating over 60,000 standard containers of goods in 2024, including food and automobiles [5] - The Horgos International Border Cooperation Center has become a major cross-border shopping area, with a significant increase in trade volume and personnel flow in the first seven months of this year [6][7] Group 3: Trade Facilitation Measures - The Horgos border crossing has implemented 24-hour customs clearance, reducing processing time by 60% and increasing vehicle passage efficiency by 80% [7] - The introduction of one-stop inspection and 24/7 appointment customs clearance has further enhanced cross-border trade efficiency [7] - The focus on high-value products, such as new energy vehicles, is being prioritized at the Horgos border, indicating a shift towards more advanced trade [7]