China warmly welcomes the new member of BRICS and stands ready for greater BRICS cooperation in the future, Foreign Ministry spokesman Guo Jiakun said on Tuesday.
Brazil, the BRICS chair for the year of 2025, released a statement on Monday announcing that Indonesia has become a full member of the BRICS.
Countries such as Kazakhstan, Malaysia, Cuba and Bolivia have become BRICS partners on the first day of 2025.
At a regular press conference in Beijing, Guo said, "China warmly welcomes the new member of the 'BRICS family'. The BRICS cooperation mechanism owes its birth to the historical trend of the collective rise of emerging markets and developing countries, which is in line with the expectations of the international community to maintain world peace, promote common development and improve global governance. In the nearly 20 years since its establishment, the BRICS grouping now represents nearly half of the world's population, approximately 30 percent of global GDP, and contributes more than 50 percent to global economic growth. The representativeness, appeal and influence of the BRICS cooperation mechanism have been increasing, turning it into a significant platform for promoting unity and cooperation in the Global South, as well as an important force for the reform of the global governance system."
"China is ready to work with other BRICS countries in the spirit of openness, inclusiveness and win-win cooperation to promote the high-quality development of the greater BRICS cooperation and jointly advocate an equal and orderly world multipolarization and a universally beneficial and inclusive economic globalization, so as to promote the building of a community with a shared future for mankind. The greater BRICS cooperation has a lot of potentials and a promising future," Guo noted.
China welcomes new BRICS member, ready for greater cooperation: FM spokesman
China welcomes new BRICS member, ready for greater cooperation: FM spokesman
China welcomes new BRICS member, ready for greater cooperation: FM spokesman
An official from China's Ministry of Commerce told American enterprises on Sunday that the country will continue to protect the rights of foreign-invested enterprises in China, including those funded by the United States.
Ling Ji, vice minister of commerce and deputy China international trade representative, made the remarks while hosting a roundtable meeting in Beijing with representatives from over 20 U.S.-funded enterprises, including Tesla, GE Healthcare, and Medtronic.
Speaking at the meeting, Ling said that despite the changes in the international situation, China's commitment to reform and opening up remains unwavering. Multilateralism is the inevitable choice for addressing the difficulties and challenges facing the world. China's door to opening up will only widen, and its policies regarding foreign investment have not changed and will not change.
The Ministry of Commerce will continue to provide protection for foreign-invested enterprises in China, including U.S.-funded enterprises, safeguarding the legitimate rights and interests of foreign-invested enterprises in accordance with the law, and actively promoting the resolution of issues raised by foreign-invested enterprises, according to the vice minister.
China has been all along, as it is now, and will continue to be an ideal, secure, and promising land for foreign investment, Ling noted.
Ling also stressed that the U.S., under various pretexts, has recently abused tariffs on all trading partners, including China, severely damaging the rules-based multilateral trade system and infringing on the legitimate rights and interests of various countries. The Chinese government strongly condemns and firmly opposes this and has taken decisive countermeasures in response.
He pointed out that the root of the tariff issue lies in the U.S. It is hoped that U.S.-funded enterprises will trace the origin, clarify cause and effect, send rational voices, and take practical actions to jointly maintain the stability of the global supply chain and promote cooperation and mutual benefit.
These remarks were made as China announced countermeasures on Friday against the U.S. decision to impose "reciprocal tariffs" on Chinese exports, including the imposition of an additional 34-percent tariff on all products imported from the U.S. starting from April 10, as well as filing a lawsuit with the World Trade Organization regarding the U.S. "reciprocal tariffs".
China committed to protecting rights of foreign-funded enterprises: official
