Despite different national conditions, we BRICS countries are at a similar development stage and share the same development goals. We should jointly explore ways to boost innovation-driven growth. This requires us to improve macroeconomic policy coordination, synergize our respective development strategies, leverage our strengths in terms of industrial structure and resources endowment, and create value chains and a big market for shared interests, so as to achieve interconnected development. Basing ourselves on our own practices of reform and innovation, we should blaze a new path which may also help other emerging market and developing countries to seize opportunities and meet challenges.
Economic cooperation is the foundation of the BRICS mechanism. With this focus in mind, we should implement the Strategy for BRICS Economic Partnership, institutionalize and substantiate cooperation in various sectors, and continue to enhance the performance of BRICS cooperation. This year, we have made progress in the operation of the New Development Bank and Contingent Reserve Arrangement, and in e-commerce, trade and investment facilitation, trade in services, local currency bond issuance, scientific and technological innovation, industrial cooperation and public-private partnership, thus expanding and intensifying economic cooperation. We should continue to implement agreements and consensus already reached and better leverage the role of current mechanisms. We should also actively explore new ways and new areas of practical cooperation and strengthen our ties to ensure durable and fruitful BRICS cooperation.
【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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