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Qingdao SCO zone, China-Belarus industrial park boost cooperation

(chinadaily.com.cn) | 2022-09-02

The China-SCO demonstration zone in Qingdao and the China-Belarus Industrial Park have set up offices in each other's establishments to boost cooperation.

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The Belarusian Business Advisory Service Center opens in the China-SCO demonstration zone. [Photo/Guanhai News]

The two sides plan to boost coordinated development and win-win cooperation, said officials from the China-SCO demonstration zone.

The China-Shanghai Cooperation Organization Demonstration Zone for Local Economic and Trade Cooperation in Qingdao has established economic and trade cooperation via "park interaction" with Russia, Uzbekistan and Belarus, and signed memorandums of cooperation with 37 parks and associations from the SCO countries.

The China-Belarus Industrial Park, known as the "pearl of the Silk Road Economic Belt", is a place designed to deepen mutual trust and cooperation between China and Belarus.

The Qingdao SCO zone has actively engaged in interaction and cooperation with the China-Belarus Industrial Park. The two sides signed a memorandum of cooperation in 2018 to boost cooperation.

The Belarusian Business Advisory Service Center was also set up in the Qingdao SCO zone, which plans to promote Belarusian investment policies, the business environment and projects, and provide timely policy consultations, information consultations and corresponding services for domestic enterprises seeking investment, economic cooperation and trade consultations in Belarus.