Where consensus is forged like precious stone, wisdom charts the course for a soaring future. At the conference, the Qingdao Initiative of the China-SCO Local Economic and Trade Cooperation Conferencewas released. It has advocated strengthening local economic and trade cooperation among SCO member states, focusing on key areas, building platform carriers, innovating cooperation models, and enhancing the level of collaboration, aiming to inject new momentum and make contributions to the high-quality development of regional economic cooperation within the SCO framework. This initiative has outlined a clear path for the high-quality development of regional economic cooperation under the SCO framework, contributing profound “SCO wisdom“ to building an open, inclusive, and mutually beneficial regional economy. The opening ceremony also featured a thematic promotion event, along with in-depth dialogue salons focusing on the topics of “Silk Road E-commerce and the Development of Modern Trade“ and “Financial Empowerment of Economic and Trade Development in SCO Countries“, which provided innovative approaches and development directions for exploring digital trade and building a financial support system.