CHINA Xi to offer BRICS cooperation ‘golden’ opportunities

CHINA

Xi to offer BRICS cooperation ‘golden’ opportunities

By Jiang Zhuqing | People's Daily app

20:58, July 18, 2018

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Chinese President Xi Jinping (Photo: CGTN)

President Xi Jinping’s upcoming visit to Middle East and Africa will help boost efforts between China and emerging markets and developing countries, ushering in another decade-long Golden Era of BRICS cooperation.

From July 19 to 28, President Xi will visit the United Arab Emirates (UAE), Senegal, Rwanda and South Africa, attend the 10th BRICS Summit in Johannesburg and Mauritius during a stopover.

Hailing it as a major diplomatic move since his re-election as Chinese President in March, the overseas trip aims to improve global governance against the backdrop of profound changes in the world.

Being the second largest economy, China’s development cannot be realized without the support of the rest of the world, and vice visa. The world has entered a stage of a global value chain, thanks to economic globalization. The latest example of China’s determination to further open its domestic market is the China International Import Expo, which will be held in Shanghai in September.

The first stop of Xi’s visit is the UAE, which is the first Gulf country to forge a strategic partnership with China. China has been the UAE’s largest trading partner for several years while the UAE is China’s second largest trading partner and largest destination of exports in the West Asian and North African regions.

Xi’s visit to the UAE will help promote Sino-UAE ties, Belt and Road development in the Gulf regions and promote peace and development in the Middle East.

Another aim of Xi’s visit is to build consensus and enhance cooperation between China and Middle Eastern and African countries. A large number of economic agreements are expected to be signed during the visit, which would push forward the pragmatic bilateral cooperation to a new high.

While attending the BRICS summit in Johannesburg, Xi will participate the BRICS Business Forum, leaders meetings and a formal meeting to commemorate the 10th anniversary of BRICS summit mechanism.

This is the 10th time that a Chinese President will attend the BRICS summit, where Xi is expected to make proposals on how to deepen BRICS cooperation and build a community with a shared future for mankind, according to a Xinhua News Agency report.

The Johannesburg summit, with the theme, “BRICS in Africa: Collaboration for Inclusive Growth and Shared Prosperity in the 4th Industrial Revolution,” will adopt the Xiamen summit in 2017 to invite more developing countries to participate and organize talks between leaders of BRICS countries and African countries, Xinhua reported.

Xi’s visit will also add momentum to the preparations for the Beijing Summit of the Forum on China-Africa Cooperation in Beijing in September.

Being a builder of world peace, contributor to global development and maintainer of international order, China has made tremendous efforts to expand mutual benefits and establish a new win-win international order.

Xi’s week-long visit in July will be conducive to the coordination between China and other developing countries and will open a new chapter of BRICS cooperation.

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