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Xi urges BRICS countries to cement confidence in growth

Xinhua, November 15, 2015 Adjust font size:

Chinese President Xi Jinping on Sunday called on BRICS countries to strengthen confidence in growth and boost coordination within the emerging-market bloc so as to jointly cope with global challenges.

Acknowledging that the five countries -- Brazil, Russia, India, China and South Africa -- are facing increasing complexities and difficulties and experiencing slower growth, Xi proposed that they upgrade their economic structures for long-term development.

"China stands ready to share development opportunities with other BRICS countries and lift our economic cooperation," he said at a BRICS leaders' meeting held in the Turkish resort city of Antalya on the sidelines of a Group of 20 (G20) summit.

"Pure gold fears no fire," Xi stressed. "As long as we hold firm confidence and strengthen coordination, the BRICS countries will surely sail through winds and waves."

Brazilian President Dilma Rousseff, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and South African President Jacob Zuma attended the meeting.

The five leaders strongly condemned Friday's terror attacks in Paris, and reaffirmed their commitment to international cooperation in combating terrorism.

They also called for early implementation of the 2010 reform plan of the International Monetary Fund.

In addition, the other BRICS leaders voiced support for China in holding the rotating G20 presidency in 2016. Endi