BRICS leaders meet to discuss the financial crisis, reform the international financial system, etc. Hu Jintao's speech according to the Xinhua news agency, China, Brazil, Russia and India, the BRICS leaders held their first formal meeting in Jekaterinburg, Russia, 16th to exchange views on major issues of common concern. To discuss and strengthen the cooperation and development plans of the four countries. Chinese President Hu Jintao attended the meeting and delivered an important speech. Hu pointed out that as the major emerging market countries, the "BRICS" population accounted for 42% of the world's total, gross domestic product accounted for 14.6% of the world's total, trade volume accounted for 12.8% of global trade, and the contribution rate to world economic growth was more than 50% per cent in purchasing power parity terms. The four countries have different national conditions, but they are confronted with major issues of safeguarding the interests of developing countries and promoting the reform of the international financial system. Hu Jintao said that over the past few years, the BRIC countries have developed from an economic concept to a new platform for international cooperation, which has aroused widespread concern and become an important force in the international community. Under the current situation, the four countries face both new development opportunities and unprecedented challenges. We should grasp the historical opportunity, strengthen the unity and cooperation, and jointly safeguard the overall interests of the developing countries. As for the further cooperation of the four countries, Hu Jintao made the following suggestions: To strengthen political mutual trust, deepen economic cooperation, promote people-to-people exchanges and promote experience and mutual understanding. Hu Jintao said that the four countries actively participated in the summit of the leaders of the group of 20, and next, we should strengthen coordination and promote the full and effective implementation of the summit results. To this end, Hu suggested that the following efforts be focused on promoting a speedy recovery of the world economy. We should resolutely oppose protectionism and jointly promote the Doha round negotiations to achieve comprehensive and balanced results at an early date. Committed to promoting the reform of the international financial system. We will jointly promote the development of the International Monetary Fund and the World Bank reform programme to effectively enhance the representation and voice of developing countries in order to objectively reflect changes in the world economy, promote the improvement of international financial regulatory mechanisms, ensure effective participation of developing countries in international financial regulatory institutions such as the Financial Stability Council, and promote the improvement We should improve the regulation and control mechanism of reserve currency issuance, steadily promote the diversification of the international monetary system and maintain the relative stability of the main reserve currency. Committed to the implementation of the United Nations Millennium Development Goals. Committed to ensuring food security, energy and resources security, public health and safety. According to the host Russia arrangement, the leaders of the four countries mainly attend small scope talks, large scale talks, joint press conferences and work dinners. The leaders will exchange views on major issues such as the impact of the international financial crisis, the 20 summit process, the reform of the international financial system, food security, energy security, climate change, and the future development of the BRICS dialogue. Foreign ministry officials said: "BRICS" cooperation does not target the third party Chinese Foreign Ministry officials 15th evening in Jekaterinburg stressed that the BRICS cooperation should be gradual cooperation, the current focus is to open a good first step. The News center of the Chinese delegationBriefing, inviting senior officials from the Ministry of Foreign Affairs and Commerce to introduce the SCO summit and the BRICS leaders ' meeting. Hailong, Director of the international division of the Foreign Ministry, responded to questions about whether the BRICS leaders ' meeting should be scheduled. Hailong also stressed that the cooperation of the four countries should be open and transparent cooperation, not against the third party, do not engage in confrontation. In addition, on whether the leaders of the four countries discuss the issue of supranational currency, Hailong said that China has always advocated to improve the international monetary system, improve the regulation mechanism of reserve currency issuance, maintain the relative stability of the main currency exchange rate and promote the diversification and rationalization of the international monetary system. According to Beijing Xinhua International Commentary to create cooperation and win the "BRICS" China, Brazil, Russia and India, "BRICS" leaders 16th held the first formal meeting. Under the current situation, deepening pragmatic cooperation and seeking mutual benefit and win-benefits will benefit the development of the BRIC countries, safeguard the overall interests of the developing countries and will have a positive impact on the development and prosperity of the world. In the era of world multi-polarization and economic globalization, strengthening dialogue, deepening cooperation and realizing mutual win have become the main melody of dealing with international affairs. Over the past few years, the BRIC countries have developed from an economic concept to a new international cooperation platform and become an important force of the international community. The four countries shoulder the important mission of safeguarding world peace, working together to deal with traditional and non-traditional security threats, all bearing the great responsibility of speeding up economic and social development and raising people's living standard, and are facing the important task of safeguarding the interests of developing countries and promoting the reform of the international financial system. In such a situation, the leaders of the four countries will promote cooperation among the four countries and hold the course for the development prospect of "BRICS": Strengthen political mutual trust, deepen economic cooperation, promote people-to-people exchanges and promote experience and mutual understanding. At the same time, the four countries should also strengthen their dialogue, exchanges and cooperation with other parties in accordance with the principles of openness and transparency. At present, the world economy is experiencing a rare and severe challenge. As the major emerging market countries, the BRIC countries need to strengthen coordination and actively contribute to the development and prosperity of the world. Therefore, the four countries need to continue to take action to meet the challenges, committed to promoting the rapid recovery of the world economy, committed to promoting the reform of the international financial system, committed to the implementation of the United Nations Millennium Development Goals, to ensure food security, energy and resources security, public health and safety. The BRIC countries have broad prospects for cooperation, and opportunities and challenges coexist. The four countries will continue to contribute to the building of a harmonious world of lasting peace and common prosperity by innovating the cooperation methods, enhancing the effectiveness of cooperation and exploiting the space for development. According to Xinhua
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