Preparations well underway for BRICS Summit in Fujian province

The BRICS Summit, planned for September in China, is expected to promote pragmatic cooperation among member states in a wide range of areas, senior diplomats from the BRICS bloc said on Wednesday.

Paulo Nogueira Batista Jr, vice-president of the New Development Bank, said that the bank is working together with China's Ministry of Finance "to come up with some items that can be announced" at the summit on Sept 3 to 5 in Xiamen, Fujian province.

"For example, a second round of projects that could be announced by September. The establishment of an African regional center in South Africa," he said.