Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
QINGDAO, July 21 (Xinhua) — With the global economic architecture changing rapidly, member states of the Shanghai Cooperation Organization (SCO) have been continuously deepening the connectivity of supply chains and industrial chains through pragmatic cooperation, according to participants at the China-SCO Regional Economic and Trade Cooperation Conference held recently in Qingdao, east China's Shandong Province.
Li Gang, assistant general manager of Sinopec Group Co., Ltd., expressed hope for deeper cooperation in the upstream and downstream sectors of industrial chains, including joint projects in crude oil refining, jointly upgrading industrial technology, and building more competitive chemical industry clusters, so as to promote the coordinated development of manufacturing industries in the region.
Logistics and transportation are an important pillar for deepening the connectivity of supply chains and industrial chains. According to the management committee of the China-SCO Regional Economic and Trade Cooperation Demonstration Zone in Qingdao, 4,500 China-Europe international railway trains have been operated on the zone, linking it with 54 cities in 23 countries.
In addition, at present, the China-SCO Demonstration Zone is also the leader in China in terms of the number of truck shipments under the TIR /International Road Transport/ system.
According to a local international economic and trade company, the TIR system has greatly improved the efficiency of international trade. With the introduction of the “TIR plus two-way cold chain transportation” model, fruits and vegetables produced in China’s Shandong, Sichuan, Hunan, Guangdong and other regions can also be delivered to Belarus, Russia and other countries.
"We deliver these fruits and vegetables to St. Petersburg in a maximum of 6 days. For comparison, the transportation of these products by traditional road transport took about 15 days. This business model has attracted many Russian buyers and Chinese exporters of fruits and vegetables," the company noted.
According to experts, the continuous deepening of the interconnectedness of supply chains and production chains within the SCO not only promotes the integration development of the regional economy, but also helps to ensure the stability of the global supply chain. -0-
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