BRICS to build fairer global system
President Xi Jinping will attend the eighth meeting of BRICS leaders in Goa, India, from Oct 15 to 16. This will be their first meeting after their informal gathering at the G20 Summit in Hangzhou, East China's Zhejiang province, in early September, and it is a meeting that is of practical importance.
The cooperation of the BRICS members intensified after the onset of the international financial crisis in 2008. In response to the crisis, the BRICS states strengthened their bilateral and multilateral economic and trade cooperation, and they have continued to deepen their cooperation since.
The collective rise of emerging economies and the comparative fall of the developed economies constitute one of the most important phenomena of international politics in the early 21st century.
