Multidimensional cooperation strengthens ties among Greater BRICS members: expert

The future of BRICS cooperation is set to be multidimensional and increasingly practical, with deeper economic collaboration, particularly in the green industry, said an expert.

The three-day BRICS summit wrapped up on Thursday after gathering global leaders and officials in Kazan, the capital of Russia's Republic of Tatarstan. Notably the event was the first to be held since the expansion of the BRICS group earlier this year.

In an interview with China Central Television (CCTV), Wei Liang, an associate research professor of China Institutes of Contemporary International Relations (CICIR), stated that the just-concluded BRICS summit will facilitate deeper cooperation across a broader range of fields.

"Looking ahead to the future of Greater BRICS cooperation, it is clear that collaboration will be multidimensional and increasingly practical. Cooperation will extend into more fields, and the prospects for BRICS collaboration have been thoroughly discussed at the summit. Additionally, economic cooperation among BRICS members will deepen. For instance, in the green industry, BRICS countries exhibit a high degree of compatibility and complementarity in resources, technology, markets, and manpower. Given this context, it is entirely feasible to establish a substantial market that leads the BRICS nations toward a green revolution and transformation, while simultaneously creating a green industrial chain to contribute to the global response to climate change," said Wei.

"In terms of innovation, numerous research centers, cooperation centers, and collaborative networks have been established in China, playing a pivotal role in driving innovation cooperation within BRICS. This leadership has served as an exemplary model, fostering the expansion of innovation collaboration into new areas. Building on this foundation, it is important to note that BRICS is dynamic; the opportunities we observe will undoubtedly be translated into cooperative actions between BRICS and partner countries, simultaneously enhancing collaboration among BRICS and Greater BRICS in deeper fields," he said.

Multidimensional cooperation strengthens ties among Greater BRICS members: expert

China will support potent private enterprises in leading major national scientific and technological initiatives and the country will further open up major scientific research facilities to them, the country's top economic planner said on Thursday.

The National Development and Reform Commission (NDRC) held a conference on Thursday in Chengdu, the provincial capital of Sichuan in the southwest, to promote the high-quality development of the private economy.

At the event, the NDRC officials emphasized that, in terms of major policies, it will collaborate with relevant departments to enhance the accessibility of critical research instruments and facilities to private companies.

This initiative aims to facilitate the transfer and transformation of talents and technological achievements from universities and research institutions to enterprises, the NDRC said.

The NDRC plans to reform the organization of major innovation projects, encouraging firms with strong research and development capabilities to take the lead, and fostering deep integration of industry, universities and research institutes led by enterprises.

It said it will give priority to innovative companies which lead the construction of national emerging industry innovation centers and industrial technology engineering centers, thereby nurturing leading high-tech enterprises in the sector.

In terms of engineering projects, the NDRC will support the intelligent upgrade of corporate research equipment and strengthen their foundation for innovation capabilities through a program to implement major national strategies and build safety capacity in key areas.

"We will support capable private enterprises to shoulder major national missions to make sci-tech breakthroughs, and further open large national scientific facilities to them. We will support diversified basic research subjects and guide qualified private enterprises to engage in high-risk, high-value technological research," said Zheng Bei, deputy head of the NDRC.

China encourages private businesses to pioneer major sci-tech projects