BRICS Think Tank proposes emerging sector development

The BRICS Think Tank Seminar opened in Guangzhou on May 16 for bringing its members together to discuss the creation of global economic value chains to strengthen international trade.

China, current holder of the think tank's presidency, was honored to host the eighth annual seminar which gathered over 100 government officials and scholars from BRICS countries (Brazil, Russia, India, China, and South Africa). Experts stressed the priority of establishing a cooperative platform across the five countries in emerging sectors to boost the group's collective economic development.

Deepening partnership can also support the construction of the Belt and Road Initiative, and boost the group's economic development.

Political suggestions for the upcoming BRICS Summit in Xiamen, Fujian province this September were also shared.