Many Chinese companies used to export only to corporate customers. But the COVID pandemic prompted many to start to selling directly to individual customers through e-commerce. And SCO countries are a growing part of that.
SCO countries have abundant natural resources and China's advantage in industrial production allows Chinese companies to import raw materials, like wood, from members of the bloc, manufacture different products like furniture, and then export them to SCO countries.
But many businesses have not made the change to cross-border e-commerce. Those that want to can get help from the Jinkong Trade Development Corporation based in the SCO Demonstration Zone in Qingdao.
The SCO Demonstration Zone in Qingdao has a multimodal transport center that exporters can use.
There are 17 international train lines to 22 countries in Europe and Asia, making it an important logistics hub in the region.
The SCO Demonstration Zone has also opened train routes specifically for cross-border e-commerce.
Qingdao Linmao Trade Corporation imports and exports wood products.
SCO countries are among the fastest growing markets for cross-border e-commerce in China. With the rapid growth of e-commerce in emerging markets such as India and Russia, in the next 10 years, more than 80 percent of trade in the SCO region is expected to be carried out online.
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