In 2017, China successfully hosted the BRICS Xiamen Summit. The BRICS leaders unanimously agreed to develop a closer, broader and more comprehensive strategic partnership, and consolidate the three-wheel-driven cooperation covering economy, political security and people-to-people exchanges. The BRICS leaders also set up the idea of BRICS+ cooperation and jointly ushered in the second Golden Decade of BRICS cooperation.As the BRICS Chair of 2022, China successfully held the 14th BRICS Summit on June 23. Under the theme of “Foster High-quality BRICS Partnership, Usher in a New Era for Global  Development”, leaders of the five countries had an in-depth exchange of views on BRICS cooperation in various areas and major issues of common interest and reached important consensus. The XIV BRICS Summit Beijing Declaration was adopted and released at the event. On June 24, President Xi Jinping chaired the High-level Dialogue on Global Development，leaders of BRICS countries and 13 other highly representative emerging markets and developing countries attended the Dialogue. Important consensus was reached on promoting global development. After  the Dialogue, a Chair’s Statement together with the deliverables of the High-level Dialogue on Global Development were released. China looks forward to working with BRICS partners to deepen cooperation in various areas, build a more comprehensive, close, pragmatic and inclusive partnership, tackle common challenges and create a better future.

Over the past 16 years since the establishment of BRICS, the foundation for cooperation has been consolidated and the areas of cooperation have been expanded. It has become an all-round and multi-level framwork, with BRICS Summit playing a leading role, supported by BRICS Meetings of Ministers of Foreign Affairs and the Meetings of National Security Advisers, carrying out practical cooperation in dozens of areas, such as economy and trade, finance, science and technology, industry, agriculture, culture, education, health, think tanks, and friendship cities. With the growing strength of the five countries, BRICS cooperation has deepened and become more tangible. The influence of BRICS cooperation has gone beyond the five countries and become a constructive force for boosting world economic growth, improving global governance and promoting democracy in international relations.

In recent years, the influence and attractiveness of the BRICS mechanism has been increasing. The BRICS countries uphold fairness and justice, actively promote reform of the global governance system and make the BRICS voice heard on international and regional hotspot issues. This has not only enhanced the say of emerging markets and developing countries in the world, but also made BRICS an important platform for promoting South-South cooperation. BRICS cooperation has been widely recognized by developing countries, and its status and role in multilateral mechanisms such as the United Nations, the G20, the World Bank and the International Monetary Fund have been rising and growing.