St. Petersburg strengthens SCO ties at Tianjin summit
The exchange of technological expertise in Tianjin included Aplesnin showcasing Chinese gadgets, such as a Huawei foldable phone and smartwatch. It was highlighted as a key aspect of SCO collaboration. He stressed that mutual learning, sharing experiences, and cooperation across technological fields in the form of tax benefits would significantly support member countries.
Alexander Beglov, governor of St. Petersburg, said in a video address to the summit that with agreements in place with six Chinese partner regions, the city aims to leverage Chinese expertise in technology transfer, investments, and production localization to drive industrial cooperation and investments within the SCO framework.
He mentioned that China is the top trading partner and import source for St. Petersburg and a key strategic partner of the city.
The establishment of the International Center for Industrial Cooperation for SCO Countries at St. Petersburg State University of Economics signifies a proactive approach towards expanding economic collaboration and fostering dialogue among business communities within SCO member states, Beglov said.
