It can truly be said to have been a golden decade.
Strong economic performance means the BRICS countries are now key players in the world economy, and the inclusion of South Africa has given the group more political weight in global governance when speaking for the emerging world.
As a stabilizer in regional and international relations, BRICS has been working hard to gain a bigger say on the international stage.
On April 18, the BRICS countries aired their views on important global issues for the first time since their establishment as a group, as Liu Jieyi, China's permanent representative to the United Nations, made their collective voice heard in a Security Council debate.
On behalf of the BRICS five, Liu called for financing to better implement the 2030 Agenda for Sustainable Development, as well as more international efforts in conflict prevention.
Ruan Zongze, executive vice president of the China Institute of International Studies, said: "BRICS cooperation has not only helped the countries themselves, but enhanced the right to speak on global issues for all developing countries."
As Xi said in June, the BRICS cooperation is "an innovation, which transcends the old pattern of political and military alliance and pursues partnerships rather than alliances."
"The BRICS mechanism surpasses the old zero-sum game mindset and practices a new concept of mutual benefit and win-win cooperation," he said.
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