EMPOWERING GLOBAL SOUTH IN INTERNATIONAL GOVERNANCE

As Xi once observed, in the face of global changes of the century, pursuing modernization and working for a more just and equitable international order are the sacred historic missions of Global South countries.

Xi described the BRICS countries as "leading members of the Global South," calling for building BRICS into "a primary channel for strengthening solidarity and cooperation among Global South nations and a vanguard for advancing global governance reform."

Since becoming Chinese president in 2013, Xi has always been a steadfast champion of BRICS cooperation. In Xiamen, he advocated for the "BRICS Plus" program at the 2017 BRICS summit, calling for more active participation from other emerging markets and developing nations. He played a crucial role in propelling the BRICS' historic expansion in 2023, ushering in the era of greater BRICS cooperation.

Effective coordination between BRICS members and other countries in the Global South has been adding more bricks to the global governance architecture. The New Development Bank exemplifies this effort.

Xi said the bank serves as "an important emerging force in the international financial system," which should work to "make the international financial system fairer and more equitable and effectively enhance the representation and say of emerging markets and developing countries."