The second "golden decade" of the BRICS is worth looking forward to

The eleventh meeting of the BRICS leaders was held in Brasilia, the capital of Brazil. The leaders of the five countries exchanged in-depth views on the theme of "economic growth and an innovative future" and agreed on major international issues of common interest to the BRICS countries. Strengthen the BRICS cooperation mechanism to achieve common development and prosperity. Taking the Brasilia meeting as a new starting point, the second "Golden Decade" of the BRICS cooperation mechanism is worth looking forward to.

Since the leaders of China, Brazil, Russia and India held their first official meeting in Russia in June 2009, the BRICS leaders have met for ten years. Over the past ten years, the BRICS countries have fisted their fingers and joined hands to consolidate the foundation of cooperation. The BRICS countries have become the main engines of world economic growth. The population of the BRICS nations accounts for more than 40% of the global population. In 2018, the economic aggregate of the five nations accounted for approximately 23.52% of the world's total economy, and the total trade accounted for 16.28% of the total world trade. The voting power of the five countries in the World Bank and the increase in the IMF's share have injected strong impetus into the reform of the global economic governance system.

The world today is in a state of unprecedented change in a century, the international situation is turbulent, economic globalization is facing headwinds, protectionism and unilateralism are intensifying, governance deficits, development deficits, and trust deficits are increasing, and the world economy is unstable and uncertain Factors have risen significantly. The BRICS cooperation mechanism, which represents the interests of a large number of emerging economies, has stood out in the past decade and promoted the further development of South-South cooperation.

International affairs should be discussed by everyone, not one country or a few countries. Promote multilateralism, build a multipolar world, and become a broad consensus among the BRICS leaders and people from all walks of life during the Brasilia meeting. In the Declaration of the 11th Meeting of BRICS Leaders with Brasilia, the BRICS countries reaffirmed their adherence to multilateralism and continued their efforts to promote the development of the multilateral system in a more inclusive, democratic, and representative direction, and to promote emerging economies. And the participation of developing countries in decision-making in international affairs.

The BRICS leaders met in Brasilia to discuss topics such as strengthening cooperation in science and technology innovation and promoting cooperation in the digital economy. International observers believe that the meeting jumped out of the tradition of strengthening economic and trade cooperation, focused on scientific and technological innovation, and made the world see the BRICS countries' momentum and vitality to seize the trend and seek change.

Today, the BRICS mechanism is developing in a more perfect direction. Under this framework, multi-field cooperation is continuously deepening. The BRICS Business Council co-operates in the fields of infrastructure, manufacturing, energy, agriculture, etc., and strives to promote trade and investment among members; the opening of the regional office of the BRICS New Development Bank will help the bank expand its business; The establishment of the Women's Industry and Commerce Alliance in the Brick Countries will help strengthen women's role as drivers of economic growth ...

The BRICS nations are on each side, but the common development needs bring the five nations together. Looking to the future, under the guidance of the BRICS spirit of openness, tolerance, and win-win cooperation, with the Brasilia meeting as a new starting point, the second "golden decade" of the BRICS cooperation mechanism will certainly be pure gold.

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