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Chinese president calls for promoting BRICS cooperation to new level

(Xinhua)

08:13, March 30, 2012

NEW DELHI, March 29 (Xinhua) -- Chinese President Hu Jintao Thursday called on BRICS members to seek ways to promote the grouping's cooperation to a new level, saying cooperation among them now "stands at a new starting point."

Speaking at the plenary session of the fourth summit of BRICS, which groups Brazil, Russia, India, China and South Africa, the Chinese leader explained China's position on global governance, sustainable development and BRICS cooperation.

"The BRICS countries are an integral part of the big family of emerging markets, and developing countries, and we are forces for world peace and common development," he said.

"This is an important historical period," he said, adding "many emerging markets and developing countries have seized the opportunity to accelerate development."

"They have not only changed the lives of over 3 billion people, but also become an increasingly important force for South-South and North-South cooperation," he noted.

Hu also said "the growth of developing countries will raise the overall productivity of the human society, and help to make the global economy more balanced, international relations more reasonable, global governance more effective and world peace more durable."

The president put forward a four-point proposal on BRICS cooperation, saying he was convinced that with further improvement of its mechanism, BRICS cooperation will produce more fruitful results.

"This will not only help enhance the well-being of our people, but also contribute to world peace, stability and prosperity," he said.

The Chinese president also said China has made well-recognized achievements in development since the adoption of the policy of reform and opening up more than 30 years ago.

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