China-SCO trade expands 20-fold in 2 decades: Ministry

BEIJING - China's trade with other member states of the Shanghai Cooperation Organization (SCO) expanded 20 times from 2001 to 2020, official data showed.

The trade volume between China and these countries reached $245 billion last year, up from $12 billion in 2001, according to the Ministry of Commerce.

As of the end of July, China's total investment in other SCO member states exceeded $70 billion and the contracted projects by Chinese companies in these nations were valued above $290 billion, according to the ministry.