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China-SCO zone to be established in Qingdao

A demonstration zone for local economic and trade cooperation with the China-Shanghai Cooperation Organization (SCO) will be built in the Jiaozhou Economic and Technological Development Zone in Qingdao, East China's Shandong province. The Ministry of Commerce on Monday rolled out a general plan which listed four major tasks to build the demonstration center, namely establishing a regional logistics center, building a modern trade center, promoting production capacity cooperation and constructing a center for bilateral investment, and building a business, tourism and cultural exchange center.

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