BEIJING, Oct. 22 (Xinhua) -- As Chinese President Xi Jinping and a host of other leaders gather in Kazan, Russia, for the 16th BRICS summit, the world is once again turning its limelight on the burgeoning international mechanism for how it will push forward self-development and respond to global woes.
A steadfast champion of BRICS cooperation, Xi once compared its five members back then to the five fingers of one hand: They are short and long if extended, but form a powerful fist if clenched together. Now that hand has grown bigger and stronger, as its membership expanded last year, yet the essence of Xi's metaphor is just becoming more relevant.
With the world trudging on in a new period of turbulence and transformation, the leader of the largest developing country is poised to help guide BRICS, the leading echelon of the Global South, to play a bigger role in building a better shared future for humanity.
BRICS, an acronym for Brazil, Russia, India, China, and South Africa, is literally called "gold bricks" in Chinese, indicating optimism for its great potential and shining future.
The sanguine view features prominently in Xi's engagement with the group. He has consistently placed BRICS high on China's foreign policy agenda. His first appearance on the multilateral stage as China's head of state was at the 2013 BRICS summit in Durban, South Africa, and he visited all other four BRICS countries during the first two years of his presidency.
"China led by President Xi Jinping has contributed significantly to the success of BRICS," noted Bunn Nagara, a senior China researcher in Malaysia.
Thanks to the joint efforts of its members, the golden value of BRICS has kept rising. World Bank data show that the share of BRICS in global GDP grew from 18 percent in 2010 to about 26 percent in 2021, with increases in all years during the period.
Among the drivers of its remarkable growth is a strong orientation toward real results. "BRICS is not a talking shop, but a task force that gets things done," Xi once stressed.
Following this spirit, practical cooperation has always been the foundation of the BRICS mechanism, a good example of which is the launch of the New Development Bank (NDB). Headquartered in Shanghai, the multilateral institution had approved 105 projects in all member countries for approximately 35 billion U.S. dollars by the end of 2023.
In view of BRICS' evolving development needs, Xi, at the 2017 summit in China's coastal city of Xiamen, joined other member leaders in formally incorporating cultural and people-to-people exchanges into the engines of BRICS cooperation, in order to further enhance the bond between these nations and reinforce the foundation of BRICS interaction.
Powered by the three engines, namely political and security, economic and financial, as well as cultural and people-to-people exchanges, the BRICS cooperation has witnessed even more substantial progress and growing popular support.
The unique value of the BRICS cooperation goes beyond economic terms, and the mechanism is an innovation of international cooperation, which is in marked contrast to some protectionist, exclusive political, military or economic alliances in the West, said Wang Lei, director of the BRICS Cooperation Research Center at Beijing Normal University.
In Xi's words, the BRICS cooperation transcends the old formula of political and military alliances, the old mindset of drawing lines on the basis of ideology as well as the obsolete notion of "you-win-I-lose" and "winner-takes-all."
The golden track record, as many observers have pointed out, has not only amply busted various gloom-and-doom claims such as that BRICS is nothing but "a motley crew," but also significantly increased its appeal to the rest of the world. ■
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