The 2025 Shanghai Cooperation Organization Summit will be held in Tianjin, China from August 31 to September 1. This will be the fifth time China hosts the SCO Summit and will also be the largest summit since the founding of the SCO. "Since its establishment, the SCO has promoted in-depth cooperation among member states in multiple fields and achieved fruitful results." Foreign media are highly concerned and full of expectations. "The SCO Summit continues to promote cooperation among member states in multiple fields and will play a more important role in the international stage."
SCO Summit attracts global attention
The upcoming SCO Summit attracts global attention. The Latin American News Agency has noted that leaders of more than 20 countries and heads of 10 international organizations will attend the 2025 Shanghai Cooperation Organization Summit. According to reports, this year's summit will become a friendly, united and fruitful summit, leading the SCO into a new stage of high-quality development that is more united, more collaboration, more vitality and more capable.
Foreign media believe that China plays a key role in the development of the SCO. "As the rotating presidency of the SCO, China will continue to play a key role in reshaping the future development direction of the SCO." Afghan Hama News Agency issued a statement saying that at the upcoming 2025 SCO Summit, China will continue to promote member countries to deepen cooperation on issues of common concern such as economic development, security and geopolitical strategies.
Foreign media also look forward to potential cooperation in multiple key areas of member countries. A relevant person in charge of a consulting firm in Dubai, UAE told Jordan News Network "Menafn" that the SCO played a crucial role in supporting the political stability and economic prosperity of the "Global South", significantly promoting cooperation in the fields of energy, technology and climate. The person in charge believes that the SCO is laying an important foundation for strengthening trade and economic cooperation between China and the UAE. He pointed out that emerging fields such as artificial intelligence, financial technology and intelligent governance will become promising areas of cooperation between the two sides. "The relationship between China and India is improving and a closer trade relationship will be established." The Times of India reported that the two sides will discuss a series of trade agreements at the 2025 Shanghai Cooperation Organization Summit, focusing on cooperation in areas such as rare earth magnets, fertilizers and medicines.
SCO Cooperation in various fields has expanded and deepened cooperation
It is reported that since its establishment in 2001, cooperation in various fields has continued to expand and deepened, and the scale of inter-regional trade has repeatedly set new highs. In 2024, China's imports and exports to other SCO members 3.65 trillion yuan, 36.3 times that of its inception. In the first seven months of this year, China's imports and exports to other member countries of the Shanghai Cooperation Organization reached a record high in the same period.
Kazakh International News Agency noted that in the past five years, China's trade volume with other SCO member states has increased year by year and hit a record high in 2024. The report pointed out that investment and economic and technological cooperation are progressing steadily. As of June this year, China's direct investment stock in other member countries exceeded US$40 billion, and investment projects gradually expanded from traditional fields such as energy and minerals, metallurgy and chemicals, infrastructure construction, etc. to emerging fields such as digital economy and green development. Chinese companies are also accelerating related cooperation in the fields of 5G, the Internet, smart cities, etc., to help SCO member states accelerate industrial transformation and upgrading.
In recent years, the connectivity and cooperation between SCO member states has been further strengthened, and China-Europe freight trains, international road transport and air cargo have developed rapidly. "The Shanghai Cooperation and Development Organization has built a portal for member countries to enter the Asia-Pacific market and has become an important platform for promoting economic and trade cooperation and exchanges." Pakistan's National Daily mentioned that since its establishment, the SCO has been committed to strengthening exchanges and cooperation among member countries, and is committed to building an international logistics center, a modern trade center, an investment center, and a tourism and cultural exchange center. It has also established the China Shanghai Cooperation Organization Institute of Economics and Trade, etc., to provide strong talent and intellectual support for economic and trade cooperation.
"Faced with the challenges of anti-globalization, the SCO is committed to bridging regional gaps and global differences, and occupies a central position on the international stage." Pakistan's Daily Times published an article saying that the SCO member states have rich reserves of oil, natural gas and coal, and this is an organization with significant strategic influence. In terms of economic benefits, the trade volume between SCO member states has exceeded US$25 trillion, accounting for almost 25% of global trade. As member states continue to deepen cooperation, trade volume will further increase, thereby promoting economic growth and reducing poverty. According to reports, with the development of the SCO and the continuous increase in the ability to effectively promote cooperation between countries, the SCO will reshape the future of the region and ensure that the Eurasia plays a more important role on the global stage. (Overseas Network Li Fang)
