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MA XUEJING/CHINA DAILY SCO members are jointly strengthening their cooperation to bring more practical benefits to peoples in the region This year marks the 20th anniversary of the founding of the Shanghai Cooperation Organization. Since its founding, SCO member countries have been upholding the Shanghai Spirit, achieving remarkable results in promoting regional economic and trade cooperation, and boosting regional economic development. In 2020, the trade volume among SCO members reached close to $245 billion, 13 times larger than the figure in 2001. The trade volume from January to April this year was $97.7 billion, representing year-on-year growth of 37.6 percent. China is the largest trade partner of Russia, Uzbekistan, India and Pakistan.

International investmentShanghai cooperation organizationChina international import expoBank consortiumChina international fair forEurasian economic cooperation fundShanghai cooperationShanghai spiritTrade expoInter bank consortiumChina eurasian economic cooperationChina pakistan economic corridorChina central asia gas pipelinesDigital economy industryChina international fairPresident xi jinping