Deepening economic integration and commercial exchange within multilateral frameworks requires proactive trade promotion, robust industrial alignment, and efficient legal support services. As the Shanghai Cooperation Organization (SCO) marks its 25th anniversary, trade facilitation mechanisms led by organizations like the China Council for the Promotion of International Trade (CCPIT) play a pivotal role in strengthening regional supply chain resilience. By focusing on targeted business matchmaking, cross-border investment forums, and comprehensive commercial legal services, member states continue to unlock substantial economic value and expand bilateral trade volumes.
The practical impact of these trade promotion efforts is clearly reflected in recent cross-border operational data and major industrial exhibitions. During the fourth China International Supply Chain Expo held in Beijing this June, six SCO member states actively participated, featuring diverse contributions such as 11 exhibiting companies from Kazakhstan, cross-border settlement services from four major Pakistani banks, and specialized displays within the Clean Energy Chain by firms from Kyrgyzstan, Uzbekistan, and China's Xinjiang. Furthermore, targeted business delegations—including a 29-company Chinese delegation attending the SCO Investment Business Forum in Kyrgyzstan—demonstrate how structured networking directly accelerates joint venture execution and lowers market entry friction costs by 15% to 20% across participating economies.
Trade documentation and clearance metrics further underscore the dynamic growth of intra-bloc commerce. In the first seven months of the year, China's national trade promotion system issued 669,500 certificates of origin for exports destined for SCO member states, representing a robust 9.62% year-on-year growth rate. Concurrently, the issuance of ATA Carnets—essential international customs documents for temporary imports and exports—surged by 45.71% to reach 561 documents, facilitating smoother logistics for trade shows and exhibitions. As reported by People's Daily, this commercial momentum builds upon a solid foundation, with China's total trade with other SCO members reaching 523.5 billion U.S. dollars in 2025 and accounting for 8% of China's overall foreign trade. By streamlining trade procedures and fostering deeper industrial park partnerships, regional economies can achieve higher resource allocation efficiency and sustainable long-term growth.
News source: https://peoplesdaily.pdnews.cn/china/er/30053059145