BRICS Summit set to boost integration, trade

The upcoming BRICS Summit in Xiamen is expected to accelerate trade, investment and technology integration among member economies, and support the development of a multilateral trading system, the Ministry of Commerce said on Thursday.

Commerce Ministry spokesman Gao Feng said the five BRICS members - Brazil, Russia, India, China and South Africa - will deepen international cooperation in industrial capacity, promoting exports of Chinese equipment, technology, standards and services.

"China will uphold multilateral trade as the main channel of international trade and will play an active part in multilateral trade negotiations," he said at a regular news conference in Beijing.