China's success can provide positive signal

Economist who coined 'BRIC' acronym stresses importance of common policies with a shared interest

Editor's note: Ahead of the BRICS Summit, China Daily interviewed some experts who gave their views on the role and development of the emerging markets' group.

Economist Jim O'Neill, who created the "BRIC" acronym, said China primarily remains the most important economy in the world, leading the economic growth in the five BRICS countries to contribute more than 20 percent of the world's GDP.