The Times focuses on the outcome of the 9th BRICS Summit and the Xiamen meeting will profoundly affect the global governance

Open the new future of the BRICS

China Economic Times reporter Lu Hongxing

The eyes of the world focus on the Xiamen International Conference Center, bearing the desire for civilized exchanges, the expectation of peace and tranquility, the pursuit of common development, and the yearning for a better life.

From September 3 to 5, the meeting of the BRICS leaders in Xiamen was successfully held.

Ten years of trees, now the wood is tall and straight. Ten years ago, the cooperation between the BRICS and the world was deeply adjusted and changed, which aroused great attention from the international community. After the test of major adjustments such as the international financial crisis, the BRICS countries have explored a new path of solidarity, cooperation and mutual benefit for emerging market countries and developing countries. In the past 10 years, the BRICS cooperation has grown from scratch, from shallow to deep, the total economic growth of the five countries increased by 179%, the total trade volume increased by 94%, and the urbanized population increased by 28%. It has promoted world economic growth, promoted global order reform, and maintained international A key force for peace and stability.

The “BRIC+” mechanism has expanded the “friend circle” and expanded the “radiation circle”.

The meeting of the BRICS leaders in Xiamen, China invited the leaders of Mexico, Egypt, Thailand, Guinea, Tajikistan and other countries to participate in the dialogue meeting between emerging market countries and developing countries, and was regarded as a further expansion of the BRICS circle of friends. Important indicators. Exploring the expansion mode of “BRIC” is a highlight of the meeting of the BRICS leaders in Xiamen.

The BRICS countries have never been closed clubs. In 2010, South Africa joined, and the BRIC countries became the BRICS.

The reporter learned that although from 2013, the leaders of the BRICS countries have invited some non-BRIC countries to conduct dialogues and exchanges, but the organizers usually invite countries from their respective regions. China has invited various countries this year. The participation of national leaders from different regions has shown a global perspective.

Yaroslav Lisovorik, chief economic analyst of the Eurasian Development Bank and director of research planning at the Valday club in Russia, pointed out that BRIC is a multi-integration mechanism that continues to promote the same country in different continents and regions of the world. The direction is close. This platform connects member states that are geographically distant, and they can exchange goods and services wherever they are. In comparison, many regional organizations are like supermarkets, and only when they enter the market can they buy the goods they need. The BRICS mechanism is more flexible and open in this respect. The integration process of different continents can bring together all the developing countries that want to participate in integration, and eventually become a new model of world economic integration.

Wang Lei, director of the BRICS Cooperation Center of Beijing Normal University, believes that the “BRIC+” model not only strengthens internal strategic partnerships, but also builds a global partnership for development. It is not only a platform for cooperation among developing countries, but also a global multi-pole. A new platform for cooperation.

China invited the leaders of five countries including Mexico, Egypt, Thailand, Guinea and Tajikistan to participate in the dialogue, which caused great repercussions in the five countries.

Mexican Senator Luis Umberto Fernandez believes that this meeting has fundamental strategic value for Mexico, and we are ready to engage in dialogue and work with the BRICS to establish a new development model, one that can take care of The development model of a country with a high poverty rate but with development potential.

Egypt's "Pyramid" website said that Egypt's first participation in the BRICS leaders' meeting "extraordinary significance" is a new stage of political cooperation among emerging economies. The BRICS countries have great economic relations with Egypt. In the past few years, investment in these countries has begun to flow to Egypt.

Thailand’s “Bangkok Post” quoted Thai Foreign Ministry spokesman Busadi as saying on the 1st of September: “Thailand is the only country in Southeast Asia invited to participate in this meeting. This shows that Thailand’s position in emerging countries and in the international community is Constructive and respected."

“The development of BRICS cooperation brings hope to all marginalized countries, and our partnership with the BRICS countries will bring a new look to the African continent.” Guinean President Conte commented on the “BRIC+” model.

Tajik President Rakhmon said in an interview with People’s Daily 603000 that the China’s proposal for a dialogue between the BRICS and other developing economies deserves strong support. This dialogue has special value and significance for the solidarity and cooperation of the BRICS countries. It will become a powerful platform for mutual benefit and constructive cooperation, helping countries to achieve peace, security and stability in the context of globalization and new challenges. development of.

In recent years, some Western countries have continued to sing the decline of the BRICS countries, and believe that the BRICS Conference has no vitality, but it is only powerful on paper. The "fading theory" and "hollow theory" are in the dust of some Western media. The "BRIC +" model and the invitation of five countries including Egypt, Guinea, Mexico, Tajikistan and Thailand are the most powerful counterattacks on this argument.

Chen Xiaochen, director of the International Research Department of Chongyang Financial Research Institute of Renmin University of China, believes that the "BRIC +" mechanism is a broad-based reform and opening up. For China, “BRIC+” is a higher level, more comprehensive reform and opening up. In addition, due to the imbalance caused by globalization, there has been a counter-current of “anti-globalization” in the world, which has caused damage to the development interests of developing countries. Therefore, the proposal of the "BRIC +" mechanism can promote the international community to move towards more equitable open and fairer trade, to maintain globalization and enhance the value chain of common development of all countries.

We have seen that BRICS cooperation is not independent, and cooperation among developing countries will ultimately benefit the entire world. Promoting “BRIC+” has not only expanded the “friend circle” of the BRICS countries, but also expanded the “radiation circle” of the BRICS countries.

According to a report released by the International Monetary Fund, emerging economies will contribute more than three-quarters of global economic growth in 2017, driven by economic growth in China and India. In the next four years, Africa will be the second fastest growing region for global economic growth.

As President Xi Jinping pointed out: "As a platform for cooperation with global influence, the significance of BRICS cooperation has exceeded the scope of the five countries, bearing the expectations of emerging market countries and developing countries and the entire international community. We should give play to our own advantages. And influence, promote South-South cooperation and North-South dialogue, bring together the collective strength of all countries, and jointly address the risk challenge. We should expand the scope of radiation and benefits of BRICS cooperation, promote the 'BRIC+' cooperation model, and create an open and diverse development partner network. Let more emerging market countries and developing countries participate in the cause of unity, cooperation and mutual benefit."

How to develop in the next decade, China has given a "three-wheel drive" solution

The ten years since the establishment of the BRICS mechanism has been called the “Golden Decade” and the results of cooperation have spread across various fields.

"The key to the rapid development of BRICS is to find the way to cooperate." President Xi Jinping said with emotion when he reviewed the development of the BRICS.

In terms of economy and trade, between 2006 and 2016, the proportion of BRICS' total trade increased from 11.8% to 16.4%. With the continuous advancement of trade and investment facilitation, economic and trade cooperation has gradually evolved from traditional goods trade to service trade and e-commerce. The field continues to expand.

In terms of financial cooperation, the BRICS New Development Bank is on the right track. Since its establishment two years ago, the New Development Bank has issued a total of 1.5 billion US dollars in loans, supported 7 green renewable energy projects, received a 3A rating in China, and successfully issued 3 billion yuan of green financial bonds. This year, the New Development Bank will approve another 10-15 projects, and the loan scale is expected to be 2.5 billion to 3 billion US dollars. On August 17, the BRICS New Development Bank established its first branch in Africa.

In terms of political security, the BRICS countries have jointly voiced their positions on emerging market countries and developing countries, and have cooperated closely on issues such as counter-terrorism, tackling climate change, combating drugs, and combating cybercrime. They have exchanged views on international and regional security hotspot issues. And reached a broad consensus. The BRICS countries have abandoned the old concept of military alliance and zero-sum game, and have embarked on a new path of non-alignment, striving to maintain world peace and security and promote international fairness and justice.

The meeting of the leaders of the BRICS countries in Xiamen will promote the further solidification of the cooperation between the BRICS countries and point the way for the development cooperation in the next decade of the BRIC. Therefore, it has global significance.

The main achievement of the Xiamen meeting was the adoption of the "BRICi Declaration of the BRICS Leaders". The Xiamen Declaration has a total of 71 articles, with a length of more than 12,000 words. The volume has never been seen before in the meetings of leaders of the BRICS countries. The meeting reached consensus on pragmatic cooperation in the BRICS economy, global economic governance, international peace and security, and strengthening humanities exchanges and cooperation. A new blueprint has been planned to strengthen the BRICS partnership and deepen pragmatic cooperation in various fields.

"The millennium tide has not fallen, the wind has started to sail again." How to open the second decade of the BRICS? President Xi Jinping has actually given the answer in the keynote speech "Tricycle" of the BRICS Business Forum.

The so-called "three-wheel drive", in the words of Foreign Minister Wang Yi, is that economic pragmatic cooperation has achieved new breakthroughs, political security cooperation has made new progress, and humanities exchanges and cooperation have become new pillars, thus forming a "three-in-one economic, political, and humanistic approach." Wheel drive" new pattern.

Economic cooperation is the foundation of the BRICS mechanism. On the basis of the achievements, the future BRICS countries will jointly address the problems of internal stable growth, restructuring and external world economic growth, while grasping the opportunities for emerging cooperation and injecting new impetus into the BRICS economic and trade cooperation. Let's go.

Political security cooperation is a "stabilizer." The BRICS countries rely on mechanisms such as the Security High Representative Conference and the Foreign Ministers' Meeting to strengthen communication and coordination on major international and regional issues, promote the resolution of hot political issues, and act as a "stabilizer" for regional and international situations, and actively maintain world peace and stability. effect. Beyond the traditional military alliance old road, beyond the ideological line, surpassing the old concept that you lose me and win.

Humanities exchange is the decompression valve for the cooperation of the BRICS. This year, for the first time, the BRICS Film Festival, the BRICS National Games, etc. were held, and the field of humanities exchanges continued to expand. Adding wings to the BRIC mechanism is just the right time at the critical time of the next 10 years. This will help to consolidate the public opinion and social foundation of the BRICS cooperation in the future, thereby enhancing mutual trust among member states and providing private support for in-depth cooperation in various fields.

Taking the Xiamen meeting as a new starting point and looking forward to the second "Golden Decade", we have reason to believe that the pragmatic cooperation of the BRICS countries will definitely take a step forward and better benefit the people of the five countries, thus contributing to world development and human progress. Contribute more positive energy.

Editor-in-Chief, Mao Jinghui, editor, Cao Yang

(Editor: Li Jiajia)