The global market for track and trace, which entails the tagging and monitoring of goods, is expected to see rapid growth over the next 8–10 years. This tool makes the market for goods transparent, creating a digital platform for businesses and consumers and helping to build a trust economy.

Qingdao Declaration was adopted on June 10, 2018 following the meeting of the Council of Heads of State of SCO in Qingdao, China. The Declaration is designed to resolve key issues in political, security, economic, cultural, and humanitarian areas and is aimed at expanding multifaceted cooperation.