Latest News:  
Beijing   Sunny    27 / 11   City Forecast

Home>>Foreign Affairs

BRIC nations sign Beijing Consensus


16:09, September 22, 2011

BEIJING, Sept. 21 (Xinhua) -- The BRICS countries, including China, Brazil, Russia, India and South Africa, signed the Beijing Consensus on Wednesday, stating that coping with the financial crisis and promoting long-term, steady and relatively rapid economic growth are their shared tasks.

The consensus, signed at the second BRICS International Competition Conference, called on all countries and regions to build more consensuses and adopt effective competition policies, which it said "are vital for ensuring fair competition, protecting the interests of consumers and promoting the healthy development of a market economy."

BRICS countries pay great attention to new developments in global competition laws and policies, and are willing to share ideas on this issue, the consensus said.

Since the first BRICS International Competition Conference in 2009, the conference has served as an important platform for reinforcing communication and cooperation between BRICS members and various competition authorities, according to the consensus.

The second conference, which focused on the theme of "Competition Enforcement under Economic Globalization," attracted nearly 300 attendees from 55 international organizations and 43 countries and regions.


Leave your comment0 comments

  1. Name


Selections for you

  1. Floodwater runs through Dujiatai sluice in Xiantao City, China's Hubei

  2. Sichuan paramilitary soldiers conduct live-fire drill

  3. F1 driver Jenson Button attends conference for Singapore Night Race

  4. China (Ningxia) Int'l Investment and Trade Fair opens

Most Popular


  1. China supports new Libyan government in Tripoli
  2. China makes case for fair treatment from EU
  3. Obstacles block path of US-China relations
  4. National security needed for peaceful development
  5. Europe should be grateful for China's timely help
  6. Obama's economic warfare against Republicans
  7. Hope from China's super hybrid rice
  8. U.S. can learn from China's anti-terrorism wisdom
  9. Six-party talks should be resumed unconditionally
  10. Too many officials perch above the people

What's happening in China

Rescue efforts underway in quake-affected Tibet

  1. SAMC signs deal with Boeing
  2. Police nab murder suspects in central China
  3. Maternal, infant death rates drop sharply in China
  4. China's flood death toll reaches 90
  5. India earthquake kills 7, injures 136 in Tibet

PD Online Data

  1. Challenge to the traditional view of love and marriage
  2. House means happiness? Young Chinese' home-owning dream
  3. Fighting AIDS,China is acting
  4. Worldwide Confusius Institutes
  5. Chinese Qingming Festival