China’s Government Plans To Push for Expanded Industrial and Energy Cooperation Among BRICS Countries: Report

The Chinese government reportedly wants to strengthen its industrial ties with the member states of the BRICS economic alliance.

According to the Communist Party of China-run China Daily, the Asian behemoth is willing to strengthen cooperation with BRICS nations in emerging sectors such as artificial intelligence.

The country’s top industrial regulator says that China will also prioritize partnerships in areas such as electric vehicles, as well as solar and hydrogen power.

China’s minister of industry and information technology, Li Lecheng, says that BRICS countries and other developing nations need to maximize their unique advantages in markets, resources and industrial capacity amid growing competition in the field of technology and sweeping changes in the industrial landscape. 

Says Li at the BRICS Forum on Partnership on New Industrial Revolution 2025, which commenced in Xiamen, Fujian province on Tuesday, 

“BRICS now accounts for nearly half of the world’s population and approximately 40 percent of global GDP. The grouping plays a big role as a major factory, vast market and large-scale cooperative platform driving inclusive economic globalization.”

Li says that China will encourage companies involved in new energy vehicles, photovoltaics, wind power and hydrogen energy. The goal is to jointly develop technologies and products that will help BRICS nations build renewable energy systems.

Last year, China also established a center for promoting AI development and cooperation within BRICS.

“We must keep pace with technological trends, build governance consensus, strengthen policy and regulatory coordination, and promote the interoperability of digital infrastructure.”

BRICS currently comprises Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. 

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