The Chinese leader envisions a collaborative framework where member nations prioritize the development of both emerging and future industries. By creating shared innovation incubators, the bloc aims to reduce reliance on external supply chains and bolster collective economic influence on the global stage. This strategic pivot emphasizes a move toward internal market integration, signaling an intent to leverage the combined resources of the 'greater BRICS' nations to drive sustainable growth and industrial modernization.
Xi Jinping Calls for Deeper BRICS Industrial Integration
At the 18th BRICS summit in New Delhi, Chinese President Xi Jinping pushed for a tighter alignment of industrial and supply chains across the expanded bloc. His proposal centers on transforming the organization into a cohesive market capable of fostering innovation and upgrading traditional sectors to secure long-term economic stability.
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