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Chinese president calls on BRICS countries to cement confidence, act against challenges

Xinhua, October 16, 2016 Adjust font size:

Chinese President Xi Jinping on Sunday urged the BRICS (Brazil, Russia, India, China and South Africa) countries to cement confidence as a "complicated, severe external environment" poses challenges to the emerging-market bloc.

Speaking at an annual BRICS summit in the western Indian state of Goa, Xi called for building up an open economy while warned against all forms of protectionism.

He asked the BRICS countries to implement the outcomes of the 11th summit of the Group of 20 major economies held in the eastern Chinese city of Hangzhou in September, and to strive for a strong, sustainable, balanced and inclusive global growth.

The Chinese leader also made a five-point proposal for the BRICS nations to join hands in tough times, including building an open world, mapping out a shared development vision, coping with the most pressing global challenges, safeguarding fairness and justice in the international community, and deepening partnerships within the bloc. Endi