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China seeks regeneration not dismantling of global system

China Daily | Updated: 2018-07-27 08:03

The 10th BRICS Summit in Johannesburg has demonstrated that the group of five emerging economies - Brazil, Russia, India, China and South Africa - is placing even more emphasis on its partnership with Africa.

Five years ago when the 5th BRICS Summit was held in Durban, South Africa, the theme was "BRICS and Africa". Now it is "BRICS in Africa", highlighting the BRICS countries' shared commitment to the development of the continent, which is home to more developing countries than any other.

Boasting average growth of 5.3 percent and contributing more than half of the global growth in 2017, as well as their own experiences as latecomers, the BRICS economies are in a privileged position to help African countries chart their development courses. And the growing comprehensive strength of the BRICS countries supports their pledge to build the BRICS-Africa Partnership into a model for South-South cooperation.

China seeks regeneration not dismantling of global system

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