China's Xi says BRICS must promote open world economy

Chinese President Xi Jinping speaks during the opening of the BRICS Summit in Xiamen, Fujian province, China, on Sunday. The ninth BRICS (Brazil, Russia, India, China and South Africa) Summit in Xiamen runs from 03 to 04 September. (EPA photo)

XIAMEN, China -- The BRICS group of countries must promote trade liberalisation and an open world economy, Chinese President Xi Jinping said on Sunday.

The countries of BRICS - which groups Brazil, Russia, India, China and South Africa - should explore ways to innovate economically, Mr Xi said at the start of a BRICS summit in the southeastern Chinese city of Xiamen.

Mr Xi also said that his country warmly welcomes other countries' companies to invest in China.

Back to top