Director of Institute for Global Governance Studies, Shanghai Institutes for International Studies

President Xi’s speech pointed out the direction for the next 10 years. During the past decade, the BRICS bloc has improved its status and is now becoming the main force in leading a new type of globalization. To shoulder more responsibilities, BRICS nations are actively taking part in global governance in more areas and to a deeper degree and attaining increasing global influence.

BRICS countries’ contributions to global governance are growing. If we say in the past 10 years BRICS has been offering critique on global governance, the next decade will see more participation from BRICS. Based on BRICS cooperation experiences, particularly the idea of governance with development as its core, BRICS countries will continue to lead a new wave of globalization with innovation, and develop ourselves to help others.

China has confidence in BRICS cooperation. It has proposed and pushed forward the BRICS Plus cooperation approach to tackle the challenges of anti-globalization and strengthen consensus in global governance. With the will to build a community of shared future for mankind, China proposed the Belt and Road Initiative to replace geopolitical competition with pragmatic cooperation and replace the law of jungle and Cold War mentality with interconnected development— which calls for extensive consultation, joint contribution and shared benefits—and to contribute more to world peace.