26 June 2022

The year of 2022 is destined to become a year with great significance, not only for China, as will be shown by the 20th National Congress of the Communist Party of China (CPC) this autumn, but also for the international community longing for economic recovery, peaceful coexistence, and sustainable development. The 14th BRICS Summit and the High-level Dialogue on Global Development to be held on June 23 and 24, hosted by Chinese President Xi Jinping, are ready to lay down the foundation to meet the expectation and usher in a new era for global development with high-quality partnership. In his keynote speech to the opening ceremony of the BRICS Business Forum, President Xi has called on BRICS countries, other members of international community, as well as business leaders, to fulfill the responsibilities to accelerate the implementation of the United Nations’ 2030 Agenda for Sustainable Development, to steadily promote the implementation of Global Development Initiative, and to jointly build a community with a shared future for mankind.

Security and development are two major concerns of the world nowadays, and according to President Xi, the way out is to further cooperation instead of deepening confrontation, with a channel provided by the BRICS. The concept of “BRICS+,” first initiated by China in 2017 the last time it held the rotating chairmanship, has recently become a trending word and a mode for future collaboration and cooperation among emerging markets and developing countries, representing the firm rejection of unilateralism and strong call for multilateralism. Drawing upon the previous experiences and achievements, one can see clearly that the “BRICS+” mode not only works well for the member countries, but also offers inevitable and strong force for the global governance system that has already been shattered.

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The Diplomatic Informer
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