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Can the Qingdao Summit of the Shanghai Cooperation Organization elevate regional economic cooperation to a new level?
Qingdao Summit of Shanghai Cooperation Organization will be held soon. Gao Feng, spokesman of China's Ministry of Commerce, said in Beijing on May 3 1 that all member countries will make efforts to push the summit to reach encouraging common measures in the economic and trade field. Gao Feng said at the press conference held on the same day that this Qingdao summit is the first summit after the expansion of the SCO. China will make joint efforts with all parties to promote the following achievements in the economic and trade field.

First, strive to build consensus and make a loud and common voice. Continue to carry forward the "Shanghai Spirit", seek common development, and emphasize the importance of improving global governance and consolidating the multilateral trading system. Second, continue to work hard to promote the process of trade facilitation. Support to further improve the trade facilitation mechanism and legal basis in accordance with the "three-step" goal set by the SCO at the beginning of its establishment. The third is to draw a blueprint together and inject new kinetic energy into cooperation. Gao Feng said that he expects all parties to reach more consensus on strengthening cooperation between small and medium-sized enterprises, developing service trade, promoting e-commerce and strengthening cooperation among economic think tanks.

Gao Feng said that the members of the Shanghai Cooperation Organization will make joint efforts to push the Qingdao Summit to reach "encouraging" common measures in the economic and trade field and raise regional economic cooperation to a new level. Source: China News Network