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President Xi calls for closer BRICS economic cooperation

Xinhua/chinadaily.com.cn | Updated: 2017-09-04 11:39

President Xi calls for closer BRICS economic cooperation

Leaders of BRICS countries pose for group photos after the ninth BRICS summit in the eastern city of Xiamen, Fujian province, Sept 4, 2017. [Photo/Xinhua]

Fighting against protectionism 

BRICS countries should push for economic globalization that is open, inclusive, balanced and beneficial to all, Xi said.

He urged the group to help build an open world economy, support multilateral trade mechanisms, and stand against protectionism.

Global economic governance should be reformed to increase the representation and voice of emerging market and developing countries, so as to create new momentum for resolving the North-South development gap and boosting world economic growth, Xi said.

More exchanges among BRICS people

President Xi Jinping said people-to-people and cultural exchanges are key to bolster the vitality of BRICS cooperation.

Xi said the consensus achieved by leaders of BRICS countries on strengthening people-to-people exchanges is yielding tangible results, as various activities, such as sports meeting, film festival, cultural festival and traditional medicine high-level conference, have been held this year.

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