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Last year, China's trade volume with SCO member states, observer states and dialogue partners reached a record
2025-05-12 source:CCTV.com

CCTV News: The SCO Sustainable Development Investment Promotion Activities was held in Tianjin on April 10. Relevant officials from the Ministry of Commerce introduced that since the establishment of the SCO, regional economic cooperation has achieved fruitful results. In 2024, China's trade volume with SCO member states, observer states and dialogue partners reached US$890 billion, setting a historical record.

This year, as the rotating presidency of the SCO, my country will hold the 25th meeting of the Council of Heads of State of the SCO in Tianjin. As the first supporting event, this investment promotion event will hold the ninth meeting of the Investment Promotion Working Group of SCO Member States, and hold the China-SCO Sustainable Development Industry Cooperation Conference at the same time. The conference was themed "Sustainable Development Industrial Cooperation". Nearly 400 representatives from the SCO governments and domestic and foreign enterprises, focusing on issues such as opening up to the outside world, industrial upgrading, and investment promotion, jointly explored new models and new paths for sustainable development.

Vice Minister of Commerce and Deputy Representative for International Trade Negotiation Lingji: In 2024, China's trade volume with SCO member states, observer states and dialogue partners reached a record 890 billion US dollars, accounting for about 14.4% of China's total foreign trade, fully demonstrating the great vitality and broad prospects of intra-regional trade development.

The government and enterprise representatives attending the conference all expressed that China has accumulated rich experience in sustainable development and hopes to strengthen industrial docking and cooperation with China in the fields of oil and gas extraction, processing and manufacturing, green energy, digital economy, etc. in the future to achieve mutual benefit and win-win results.

Shanghai Cooperation Organization Deputy Secretary-General Soher Khan: China plays a very important role in sustainable development. Therefore, we look forward to the benefit and learn from China's achievements in various fields such as agriculture, energy, high technology and information technology, and robots in the context of sustainable development.

According to reports, as of the end of 2024, China's various investment stocks in SCO member states, observer states, and dialogue partners exceeded US$140 billion, the cumulative newly signed contracts for contracting projects exceeded US$1 trillion, and the completed turnover exceeded US$680 billion. In 2024, a total of about 19,000 China-Europe freight trains passed through the SCO region were launched, an increase of 10.7% year-on-year, effectively promoting regional connectivity and economic development.

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