June 22, 2022

China on Wednesday underscored the importance of solidarity and openness at a time when the world is facing drastic changes "unseen in a century" and witnessing "major setbacks" in development. 

"Despite changes in an evolving global environment, the historical trend of openness and development will not reverse course, and our shared desire to meet challenges together through cooperation will remain as strong as ever," Chinese President Xi Jinping said when delivering a keynote speech in virtual format at the opening ceremony of the BRICS Business Forum. 

The forum is part of the 14th summit of BRICS, an emerging-market group that includes Brazil, Russia, India, China and South Africa. China holds the rotating presidency of BRICS this year. 

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