SCODA Investment Presentation & Project Signing Ceremony Held in Shanghai

2023-07-03 10:26:43 admin source: share:

On May 10, the Investment Presentation & Project Signing Ceremony of China-SCO Local Economic and Trade Cooperation Demonstration Area (SCODA) was held in Shanghai. Eight key projects with a total investment of 27.1 billion yuan were signed, and the "1+N" investment promotion policies of SCODA were issued, adding new impetus to the high-level opening up of SCODA.


Ji Zhiye, Former President, Researcher of China Institutes of Contemporary International Relations, Honorary President of SCO Economic and Trade Development Research Institute, Zhang Xinzhu, Member of the Standing Committee of the CPC Qingdao Municipal Committee and Secretary of the Party Working Committee of SCODA, Li Gang, Deputy Secretary of the Party Working Committee and Executive Deputy Director of the Administrative Committee of SCODA, and Chen Jinxiu, Deputy Director General of the Office of Shandong Provincial People's Government in Shanghai attended the ceremony and delivered speeches. Wang Rongming, President of the Shanghai University of International Business and Economics, and He Shaojun, Deputy Special Commissioner of the Ministry of Commerce in Shanghai attended the event. Zhang Dong, Member of the Party Working Committee and Deputy Director of the Administrative Committee of SCODA presided over the event. Representatives of consulate generals of some SCO countries in Shanghai, representatives of relevant business associations in Shanghai, and representatives of more than 200 Fortune Global 500 companies, multinational companies and industry-leading enterprises attended the ceremony.

SCODA Connected with Shanghai for More Cooperation Spaces

At the event, eight key projects with a total investment of 27.1 billion yuan, including the School of Innovation and Entrepreneurship of the China-SCO Institute of Economy and Trade, the SCO Countries Product Certification Service Platform project, the Hilton International Hotel project, and the Han Xing Sodium-ion Battery project, were signed and launched, involving new energy, modern commerce and trade, and smart manufacturing, which will further maintain the stability of the industrial and supply chains of SCO countries, and help SCODA accelerate the construction of a modern industrial system with SCO characteristics.

"With economic and trade cooperation as the starting point, enterprises as entities, and the industrial Internet to promote the stability of industrial and supply chains as the driving force, we continue to strengthen the collaboration and connectivity with Shanghai and other domestic and foreign cities, and create a replicable model for local economic and trade cooperation of SCO countries and countries along the Belt and Road." Zhang Xinzhu said in his speech.

"1+N" Policy Promotion Releasing SCO Bonus to Enterprises

During the event, SCODA released "1+N" policies for investment promotion.

Ji Zhiye believes that SCODA already has elements of cooperation among SCO countries, which will generate great attraction, accelerating the forming of a new platform for international cooperation under the Belt and Road Initiative.

Li Gang said in the promotion that 30 international and domestic freight train routes have been running at SCODA, connecting 54 cities in 23 SCO and Belt and Road countries, and gradually building an international logistics corridor covering the whole province, reaching the Yellow River Basin, transcending the Eurasian continent, connecting Japan, ROK and ASEAN. China-SCO Local Economic and Trade Cooperation Comprehensive Service Platform has been innovatively built, attracted more than 4,300 domestic and foreign enterprises, and has become a home port for enterprises from SCO countries to enter China and a platform for Chinese enterprises to enter SCO countries.

         "SCODA has a unique transportation advantage of 'sea, land, air and rail'. In recent years, it has established a very internationalized and, air and rail'. In recent years, it has established a very internationalized and professional operation mode, which is attractive to enterprises and the market." Kong Hui, Deputy General Manager of Shanghai Electric New Energy Development Co., Ltd. introduced.

Build an Attractive Magnetic Field to Stimulate the Main Engine for Development

"We focus on the planning of SCO International City around the Ruyi Lake, and will build Ruyi Square, the international medical center, and other projects, to create an international cooperation zone which could generate economic and trade cooperation rules, regulations, management, standards for SCO countries and countries along the Belt and Road and a centralized demonstration zone of the development achievements of "three zones and one hub". Shanghe Avenue Headquarters Economic Belt, covering an area of 38.85 km2, is planned to be constructed, which will create the first window to display the SCO image and promote the major platform of whole region synergy in Qingdao. SCO International Hub Port, which is planned to cover 116 km2, will become a processing and manufacturing center, logistics distribution center, and product distribution center for SCO countries to access Northeast Asia." introduced by Zhang Dong in June, and SCODA will also hold the SCO Industrial and Supply Chains Forum and the 2023 SCO International Investment and Trade Expo in Qingdao · SCODA Pearl International Expo Center.

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