China's Development Philosophy Resonates at BRICS Summit
News related to:China · 2 min read
China's development philosophy has resonated widely among emerging economies at the 2026 BRICS Summit, held in New Delhi from Saturday to Sunday. The summit, marking the 20th anniversary of BRICS cooperation, brought together leaders from major emerging economies to promote inclusive global governance, strengthen multilateralism, and foster sustainable global economic growth.
Chinese President Xi Jinping, in his address at the first session of the 18th BRICS Summit, highlighted the significance of the 20-year journey of self-reliance and self-strengthening. He noted that BRICS countries have actively explored development paths suited to their national conditions, setting an example of unity among emerging markets and developing countries. Xi emphasized that this cooperation has not only opened up new markets but also fostered a spirit of multilateralism and shared technological and skill-sharing.
In the video, Busi Mabuza, South African chairperson of the BRICS Business Council, emphasized the common bond shared by emerging nations.
R. Deepak, a professor of Chinese studies at Jawaharlal Nehru University, observed that President Xi's early years laid the foundation for his people-centered approach and poverty alleviation strategies. Such grassroots governance, Deepak noted, deeply resonates with nations of the Global South that share similar developmental journeys and strive to build a better life for their people. The video highlighted that for people across Asia, Africa, and Latin America, development is not an abstract concept but concrete improvements, such as paved roads and new jobs. As nations come together for this common goal, the paths to development and modernization open up to more possibilities.
The summit underscored the importance of BRICS cooperation in promoting inclusive growth and sustainable development. The BRICS countries, comprising Brazil, Russia, India, China, and South Africa, have collectively demonstrated their commitment to multilateralism and shared development. The success of BRICS in fostering unity and cooperation among emerging economies serves as a model for global governance and economic collaboration.
The summit's outcomes and the video released by the People's Daily reflect the growing influence of China's development philosophy in the Global South. As BRICS continues to evolve, its impact on global economic and political landscapes is likely to grow, fostering a more inclusive and sustainable world.