(September 4, 2016)

Cooperation among BRICS countries this year has maintained a sound momentum of development with further expanded fields and increasingly visible achievements. BRICS countries play a leading role in emerging markets and developing countries, and are important members of the G20 as well. We should follow the historical trend, keep up with major international developments, and enhance coordination and cooperation, so as to properly build, maintain and develop these two important platforms, and push for more active participation by emerging markets and developing countries in international affairs.

The world economy is currently experiencing a transition where old growth drivers are being replaced by new ones, and its recovery is slow and sluggish. The BRICS countries experience frequent fluctuations, although their international environment is stable on the whole. Facing the new circumstances, we should stay confident and firm, and be aware of the strength and potential of the BRICS countries and of the vigor of the emerging markets and developing countries that they represent. As long as we consolidate the foundations, properly address current problems and challenges, strengthen unity, and deepen mutual trust and cooperation, we are sure to make positive progress.

First, jointly innovate in growth patterns. By seizing the opportunity that China is promoting the formulation of a G20 blueprint on innovative growth, BRICS countries should accelerate the implementation of innovation-driven development strategies, maintain their effort to expand overall demand, strive for deeper structural reform, renovate and upgrade traditional comparative strengths, and enhance mid-to-long-term growth potential. All sides should be rigorous in carrying out the BRICS Economic Partnership Strategy adopted at the Ufa Summit last year, and create a new situation for the merging of trade and investment, the flow of currency and finance, connectivity in infrastructure, and exchanges of personnel and culture, forging a powerful synergy with complementary advantages and strengthened interconnection.

Second, jointly improve global governance. BRICS countries should continue to strengthen communication and cooperation within the G20 framework, actively promote reform in the governance structure of the International Monetary Fund and the World Bank, and increase the representation and voice of emerging markets and developing countries. The five countries should firmly maintain the position of a multilateral trade system as the main channel, jointly build an open world economy, and oppose protectionism and exclusionism in all forms, in order to ensure equality in development rights and opportunities of all countries, and balanced application of rules. The BRICS should promote the BRICS New Development Bank to launch its first series of projects as soon as possible, constantly improve its management level and financing capacity, and step up its macro study on the contingent reserves arrangement in order to strengthen the financial security framework for BRICS countries.

Third, jointly safeguard international fairness and justice and build a peaceful and stable development environment. BRICS countries should continue to strengthen political security cooperation on the basis of respecting each other's concerns and accommodating each other's interests. The BRICS should safeguard the purpose and principles of the UN Charter, maintain the fundamental principles of international relations, push forward the construction of a new model of international relations featuring win-win cooperation, and create a peaceful, stable, just and reasonable international order. All sides should follow the development path best suited to their own national conditions, and firmly oppose the intervention of external forces in their domestic affairs. The five countries should strengthen practical cooperation within the BRICS framework in such areas as anti-terrorism, outer space, energy security, and network security, and promote international rules which can reflect each party's interests and concerns in a balanced manner.

Fourth, jointly advance international cooperation in development and follow the path of sustainable development. All sides should strive for the effective docking of domestic development strategies and international development agendas. In line with the G20 Action Plan for the Implementation of the 2030 Agenda for Sustainable Development, BRICS countries should actively build a new form of global development partnership, and call on developed countries to fulfill their commitment to providing strong support for developing countries to achieve their development goals. South-South cooperation should be strengthened to help other developing countries reinforce their capacity for development, fast-tracking them on the development express of the BRICS countries. The five countries should boost practical cooperation within the BRICS framework, join hands to implement the 2030 Agenda for Sustainable Development, and try to forge a new development pattern featuring joint construction by all stakeholders, balanced progress in all fields, and shared prosperity for all classes.

There have been ten years of BRICS cooperation since the first BRICS Foreign Ministers' Meeting. The BRICS countries will surely achieve greater development as long as we uphold the BRICS spirit of openness, inclusiveness, cooperation, and win-win results, and continuously strengthen partnership whatever hardships, distractions and difficulties we might encounter.

注释：

[1]Main points of the speech at the BRICS Leaders' Informal Meeting.