Foreign and Military Affairs

Hu arrives in Brasilia for BRIC summit, state visit

(Xinhua)
Updated: 2010-04-15 05:49
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BRASILIA - Chinese President Hu Jintao arrived in Brasilia on Wednesday for a summit of Brazil, Russia, India and China slated for Thursday and Friday, and a state visit to the Latin American state.

At the summit of the four countries -- collectively known under their acronym BRIC, the leaders will discuss the global economy and financial situation, reform of the international financial system, climate change and cooperation among the four countries, Chinese diplomats said.

At the summit, Chinese diplomats said, the four countries will hold a number of supporting activities, including an entrepreneur forum, a meeting of development banks, a meeting of cooperatives and a seminar of think tanks.

China hopes the summiteers could discuss global issues in the spirit of mutual benefit, so as to facilitate the recovery of the world economy, safeguard the four nations' common interests and advance their cooperation, said Qin Gang, Chinese Foreign Ministry spokesman, at a regular press briefing earlier this month.

He said China has always adopted a "positive, pragmatic, open and transparent" attitude toward cooperation with other BRIC nations.

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As major emerging markets, BRIC countries account for 42 percent of the world's population, 14.6 percent of the world's GDP and 12.8 percent of global trade. The BRIC countries have become an important force in the international community, receiving worldwide attention.

"The BRIC countries are at a similar level and stage of economic development and their positions on major international issues are close," said Chinese Foreign Minister Yang Jiechi at a press conference on March 7.

"In the face of increasing global challenges, the BRIC countries have enhanced cooperation among themselves and with other countries in the world in an active, pragmatic, open and transparent manner. I believe that is in the interests of the whole world," he said.

After the BRIC summit, President Hu will pay a state visit to Brazil. Hu last visited Brazil in 2004.

Hu and his Brazilian counterpart, Luiz Inacio Lula da Silva, will meet and exchange views on bilateral ties as well as other issues of common concern.

During Hu's visit, Chinese diplomats said, the two sides will sign a 2010-2014 joint action plan and a number of cooperation documents on culture, science and technology, quality control, energy and finance.

China-Brazil relations have been deepening in a comprehensive way, marked by frequent exchange of visits between their leaders and the enhancement of political mutual trust.

Lula paid a state visit to China last year, during which leaders of the two countries reached consensus over a broad range of major issues.

The Chinese president flew into Brasilia from Washington after attending a nuclear security summit. He will also pay a state visit to Venezuela and a working visit to Chile.