August 24, 2017

The upcoming BRICS Summit, which will open on September 2, in Xiamen, East China's Fujian Province, is expected to provide a pragmatic framework for the five members to overcome challenges in their economy, society and politics, Chinese analysts said.

The past decade has seen the growth of the BRICS cooperation platform into an influential international mechanism, and has helped bring changes to global economic governance structures. This includes greater voting rights for China and India in the International Monetary Fund and the World Bank, the Xinhua News Agency reported.

However, BRICS countries face different levels of development.

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