Against such a backdrop, a large number of emerging market and developing countries have come to the fore, playing an ever greater role in international affairs. BRICS cooperation is a natural choice made by our five countries, as we all share a desire for peace and development. In the past decade, we BRICS countries have surged ahead and become a bright spot in the global economy.
-- The past decade has seen the BRICS countries making headway in pursuing common development. The sudden outbreak of the 2008 global financial crisis left the world economy reeling, which is yet to fully recover. Facing the external shock, our five countries have held the ground by strengthening the domestic economy, boosting growth and improving people's livelihood. In the past ten years, our combined GDP has grown by 179%, trade by 94% and urban population by 28%. All this has contributed significantly to stabilizing the global economy and returning it to growth, and it has delivered tangible benefits to three billion and more people.
-- The past decade has seen the BRICS countries advancing results-oriented and mutually beneficial cooperation. Leveraging our respective strengths and converging interests, we have put in place a leaders-driven cooperation framework that covers wide-ranging areas and multiple levels. A number of cooperation projects have been launched that are in keeping with our five countries' development strategies and meet the interests of our peoples. In particular, the New Development Bank and the Contingent Reserve Arrangement have provided financing support for infrastructure building and sustainable development of the BRICS countries, contributing to enhanced global economic governance and the building of an international financial safety net.
【国内英语资讯:Full text of President Xis speech at opening ceremony of BRICS Business Forum】相关文章:
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