From 2001 to 2020, the SCO has gone through 20 years, and the total trade value of its member countries has increased by nearly 100 times, and its proportion in the total global trade value has increased from 5.4% to 17.5%. The global trade influence of the SCO member states is undoubtedly growing. But how to objectively describe and quantitatively analyze the operation and development achievements of foreign trade in the 20 years since the establishment of the Shanghai Cooperation Organization through detailed trade data? The “Shanghai Cooperation Organization’s 20 Years of Trade Development Report” released on February 16 provides an answer .
It is reported that the report is under the guidance of the Global Trade Monitoring Center of the General Administration of Customs, and with the support of the Shanghai Cooperation Demonstration Zone Management Committee, Qingdao Customs and China Ocean University jointly compiled it over a year.
According to the analysis of the report, since the establishment of the SCO, all member states have actively integrated into global trade cooperation. Although affected by the global economic situation, the trade value has fluctuated in some years, but the overall trend has shown steady growth.
As far as the SCO Demonstration Zone is concerned, as the only demonstration zone in China that conducts local economic and trade cooperation with the SCO and countries along the “Belt and Road”, since its construction started, the trade volume with SCO countries has increased from 8.5% in 2019. RMB 100 million increased to RMB 4 billion in 2021, achieving a five-fold increase, showing a strong development trend of continuous improvement in the magnitude of trade in goods, rapid trade growth, and substantial improvement in trade quality and efficiency.
In addition, the Shanghai Cooperation Demonstration Zone, which insists on trade first, has accumulated more than 1,700 trade entities, introduced and cultivated 10 trade platforms such as the Shanghai Cooperation Cross-border Trade Service Center, and 4 cross-border trade platforms including Transfar (SCO) Hemaotong. E-commerce platform, and the first “Shanghai Cooperation · Bank Customs Pass” tariff guarantee business, compiled and released the Shanghai Cooperation Trade Index, which was rated as the top ten practice cases of Qingdao Customs in deepening the reform of “delegation, regulation and service” and optimizing the port business environment.
Meng Qingsheng, deputy director of the SCO Demonstration Zone Management Committee, said: “The publication and distribution of the “Shanghai Cooperation Organization’s 20 Years of Trade Development Report” will not only allow more readers to understand the history of the SCO’s economic and trade development, but also help deepen the SCO countries. Economic and trade exchanges provide intellectual support, help the demonstration zone and related enterprises to open the market of SCO countries and countries along the ‘Belt and Road’, further integrate into the new development pattern, and help the demonstration zone to build a new platform for ‘Belt and Road’ international cooperation.”
Post time: Feb-17-2022