Hey there, global enthusiasts! 🌍 Ever wondered how China is shaking things up in the BRICS world? Let's dive into the latest buzz from Kazan, where leaders of the BRICS nations are huddling up for some serious face-to-face action after the group's epic expansion from five to ten members earlier this year! 🚀
First Stop: Kazan Summit Vibes 🎉
Chinese President Xi Jinping touched down in the vibrant city of Kazan on Tuesday for the 16th BRICS Summit. With the energy levels high, discussions are set to revolve around practical cooperation, boosting development among emerging economies, and taking the BRICS mechanism to the next level. Exciting times ahead! 🤩
China's Win-Win Game Plan 🤝
China has always been a team player in the BRICS squad, championing win-win cooperation. A shining example is the New Development Bank (NDB), headquartered in Shanghai. This isn't just any bank—it's like the cool kid on the block for emerging economies, backing projects from clean energy to cyberinfrastructure. Think of it as the Avengers for development! 💡
By the end of 2023, the NDB had greenlit 105 projects across member countries, splashing out around $35 billion. That's a whole lot of positive change! 💸 NDB President Dilma Rousseff highlighted that the bank isn't just crossing borders—it's amplifying the voices of BRICS countries and echoing the hopes of nations worldwide. 🌐
Trade Winds Blowing Strong 🌬️
China's commitment to deepening ties with its BRICS buddies is evident. In the first quarter of this year, trade between China and BRICS countries hit a whopping 1.49 trillion yuan (about $209.7 billion)—that's an 11.3% jump from last year! 📈 Talk about leveling up!
Ronnie Lins, the big brain behind the Brazil-China Research and Business Center, reckons China plays a key role in building consensus, promoting coordination, and pushing forward a common agenda among BRICS nations. Teamwork makes the dream work, right? 🏆
BRICS: An Open House Party 🎊
Forget about closed clubs—BRICS is all about openness and inclusiveness. President Xi has emphasized that the group isn't an exclusive circle. Back in 2017, he kicked off the \"BRICS Plus\" program, inviting more emerging markets and developing nations to join the fun. 🎈
Fast forward to January 1, 2024, and say hello to the new kids on the block: Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates! They've joined the BRICS family, marking the official beginning of greater cooperation. The BRICS family just got bigger and better! 🌟
Over 30 countries are knocking on the door, eager to join or deepen ties with BRICS. The momentum is real! 💥
Towards a Brighter Future 🌅
Lin Jian, spokesperson for the Chinese Foreign Ministry, shared some inspiring words about the Kazan summit. He highlighted that BRICS has become a positive and stable force in international affairs. 🙌
China is ready to roll up its sleeves and work with all parties to ensure the steady and sustained development of greater BRICS cooperation. Together, they're opening a new era for the Global South to seek strength through solidarity and jointly promote world peace and development. Peace out! ✌️
Reference(s):
cgtn.com
