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Chinese President Xi Jinping unveiled on Sunday initiatives in areas ranging from AI to trade to deepen cooperation among the “Greater Brics” emerging economies, as Beijing seeks to weld the grouping into a practical platform for Global South development.
Cooperation in areas from politics and security to economics and finance are the main focus areas of the grouping, with 2026 chair India and 2027 chair China seeking wider partnership to boost its global clout.
The success of the “Greater Brics Initiative” depends on laying a solid foundation for pragmatic cooperation, Xi told the leaders’ annual summit in New Delhi, the official Xinhua news agency said.
“Greater Brics” nations should further co-operate, maintain the stability of industrial and supply chains, and cultivate an integrated market, Xi told the summit’s closing session.
