Shanghai Cooperation Organization Demonstration Area (SCODA)
SCODA, a multi-agency structure, created in 2018 under the authority of China’s State Council, serves as a pilot zone to foster trade, investment, and cooperation between SCO member states. Its mission includes:
- Streamlining cross-border trade and logistics,
- Facilitating international industrial cooperation,
- Encouraging innovation and entrepreneurship,
- Creating physical and institutional infrastructure to integrate
SCO countries into global and regional value chains.
VC & PE development Fund
The SCODA VC & PE Development Fund is a pioneering investment vehicle
developed within the Shanghai Cooperation Organization Demonstration Area (SCODA)
in Qingdao, PRC. It aims to catalyze sustainable economic growth,
scientific collaboration, and multilateral cooperation among SCO countries.
The Fund is committed to ESG principles, targeting impactful projects
in renewable energy, bioindustry, infrastructure, and advanced agriculture,
with an ambition to offer a replicable model across the SCO, BRICS and BRI space.
International Energy Exchange
The Qingdao International Energy Exchange (QDIEE)
is the single entry point to Shandong Ports within the Shanghai Cooperation Organization Demonstration Area (SCODA).
It offers oil and gas storage with online management, trade finance tools,
market data, and RMB cross-border settlements for SCO and BRI countries.
Integrated with the world’s largest port cluster, QDIEE connects 350 shipping routes across 180 countries and 700 ports.
Backed by SCODA pilot policies and Free Trade Zones, it streamlines customs and logistics while fostering innovative trade and energy cooperation
SCO-BRICS Innovation centre
The SCO-BRICS Innovation Centre,
located within the SCODA area in Qingdao, provides premises and financial
support to innovative industries and research teams. It aims to foster
international cooperation among industries, public research institutions,
and universities across SCO and BRICS countries.
The Qingdao centre specializes in biochemistry, bioenergy, advanced aquaculture and
agriculture, smart industry, and advanced electronics.
Trade Finance Platform
The platform operates at the interface between the International
Energy Exchange and the SCODA VC & PE Development Fund, creating
innovative financial
solutions to facilitate trade among SCO member countries as well
as with the wider global market.