At the recent BRICS Plus leaders' dialogue, Chinese President Xi Jinping underscored the importance of high-quality cooperation among BRICS nations. \"The collective rise of the Global South is a distinctive feature of the great transformation across the world,\" Xi remarked, highlighting the expanding role of BRICS in the global arena.
With this year's historic expansion, BRICS now encompasses nearly half of the world's population and accounts for approximately 30 percent of global GDP. This growth signifies the increasing economic influence and political significance of Global South countries within the group.
Amid global financial instability, geopolitical tensions, and cultural divisions, greater BRICS cooperation is essential for addressing shared challenges. China stands as a staunch advocate of BRICS collaboration, contributing to the collective security, prosperity, and harmony of Global South nations.
China has been instrumental in initiating the BRICS Plus cooperation model and promoting the establishment of the BRICS New Development Bank. Additionally, a series of proposals from China have revitalized greater BRICS cooperation, driving forward initiatives like the Global Security Initiative (GSI), Global Development Initiative (GDI), and Global Civilization Initiative (GCI). These initiatives have been warmly received by Global South countries, further solidifying BRICS's role in fostering global stability and development.
Xi emphasized the need for unity and collective effort, stating, \"We should come forward together to form a stabilizing force for peace.\" He also highlighted China's role in mediating the reconciliation of different Palestinian factions in Beijing, marking a pivotal step towards peace in the Middle East.
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China shows its commitment to high-quality greater BRICS cooperation
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