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Investment in Industrial Projects within the SCODA Exceeds 150 Billion Yuan

Source：Haibao News 09-03-2025 09:00:00

Since its approval six years ago, the China-SCO Local Economic and Trade Cooperation Demonstration Area (SCODA) has continuously amplified its demonstration effect, exploring and implementing a total of 125 reform achievements, with the total investment in industrial projects exceeding 150 billion yuan.

As a national-level platform for local economic and trade cooperation with SCO member countries, the SCODA located in Qingdao serves as one of Shandong's engines for promoting high-level openness.

Wang Lei, Director-General of the Department of Commerce of Shandong Province, stated that leveraging the SCO Tianjin Summit as a new opportunity, they will capitalize on the advantages of the SCODA platform to strengthen communication with local governments and enterprises in SCO member countries. Efforts will be made to deepen cooperation in the industrial and supply chains, achieving more practical results in trade and investment, industrial collaboration, international logistics, and cultural exchanges.