Innovative strategies needed to strengthen resilience

Building resilience in a challenging global market dominated talks at a session at the BRICS Business Forum on Wednesday.

More than 1,000 business leaders and government officials urged the bloc to forge innovative strategies that won't discourage foreign investment within its member states.

"Trade and investment is the bedrock of BRICS cooperation," said Chinese Assistant Minister of Commerce Li Chenggang. "We nevertheless have to be pragmatic, systematic and institutionally minded."