#BRICSSummit2017: Highlights from President Xi Jinping’s keynote address

President Xi Jinping delivered his keynote address at the opening ceremony of the BRICS Business Forum on Sunday 3 September 2017 in Xiamen, China.

Under the theme, Working Together to Usher in the Second “Golden Decade” of BRICS Cooperation, Jinping made remarks about Xiamen’s history as a trading port and also spoke about China’s external cooperation.

“On a personal note, Xiamen is where I started off when I came to Fujian Province to take up a new post in 1985. Back then, being one of the earliest special economic zones in China, the city was at the forefront of China’s reform and opening up endeavour and was brimming with development opportunities. Three decades later, Xiamen has become well known for its innovation and entrepreneurship, with burgeoning new economic forms and new industries, robust trade and investment and easy access to the world with air, land and sea links. Today, Xiamen is a beautiful garden city with perfect harmony between man and nature.”

Jinping also commented on the current status of BRICS cooperation, saying that it has “reached a crucial stage of development”.  “The historical course of global development and evolving international landscape and the historical process of development of the BRICS countries, both individually and collectively, in the context of which BRICS cooperation is pursued.

We are in a great era of development, transformation and adjustment. Although conflict and poverty are yet to be eliminated globally, the trend toward peace and development has grown ever stronger. Our world today is becoming increasingly multipolar; the economy has become globalised; there is growing cultural diversity; and the society has become digitised. The law of the jungle where the strong prey on the weak and the zero-sum game are rejected, and peace, development and win-win cooperation have become the shared aspiration of all peoples.”

Amidst all the developments, many emerging market and developing countries have increased their visibility within  international affairs.

Speaking on global GDP, Jinping said that over the last decade, the combined BRICS GDP as grown by 179%, trade by 94% and urban population by 28% in a bid to stabilise the global economy and delivering tangible benefits to three billion plus people.


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