Xi Proposes Five Initiatives at BRICS Summit to Deepen Cooperation Across Tech, Trade
SingTao · 2 SOURCESabout 2 hours ago1 MIN
Summary
Chinese President Xi Jinping delivered a significant address at the 18th BRICS Leaders' Summit in New Delhi, India, on Sunday (September 13), proposing five initiatives to deepen cooperation across technology, trade, and industrial development .
Key Points
- Xi called for the BRICS bloc to leverage its position connecting emerging markets and the Global South to maintain stable global supply chains
- The five initiatives include: an AI open-source initiative, trade and investment facilitation, digital industry cooperation, smart manufacturing partnerships, and a technology talent program
- Xi emphasized upholding international rule of law, sovereignty equality, and non-interference in internal affairs as fundamental principles
- The proposals aim to build integrated markets, upgrade traditional industries, and develop emerging and future industries through new technologies
- Xi highlighted the need for multilateral institutions reform, including the World Trade Organization and international financial architecture
Why It Matters
The five initiatives signal China's strategy to position itself as a leader in South-South cooperation while shaping emerging technology governance frameworks . The summit marks the first enlarged BRICS meeting since membership expanded, testing the bloc's ability to translate ambitious proposals into coordinated action among increasingly diverse member states.
The five initiatives signal China's strategy to position itself as a leader in South-South cooperation while shaping emerging technology governance frameworks . The summit marks the first enlarged BRICS meeting since membership expanded, testing the bloc's ability to translate ambitious proposals into coordinated action among increasingly diverse member states.