Xiamen Siming District, Fujian Province, China

Embracing the BRICS Era: Development Opportunities Discussed at Xiamen Salon

In Fujian by China Business ForumLeave a Comment

A recent salon themed "Embracing the Age of BRICS" focused on the development and opportunities within a community of shared destiny, held at Xiamen Airlines Ancient Stone Fund Town in Fujian. The event brought together experts who discussed the growing influence of BRICS nations and their potential to reshape global finance, technology, and infrastructure development.

Key Insights from the Salon:

  • Einar Tangen, Senior Researcher at Taihe Think Tank, highlighted the contrast between the BRICS payment system and SWIFT, emphasizing its multipolar and open nature.

  • Qian Feng, a researcher at Tsinghua University, advocated for utilizing the BRICS New Development Bank to finance infrastructure and green development in BRICS countries, and suggested reforms in global financial institutions like the IMF and World Bank.

  • Professor He Junming, an expert in "BRICS Observation," proposed the concept of "two countries, two parks" to mitigate foreign investment risks in Xiamen, drawing on successful models from Fujian and Belt and Road countries.

  • Professor Lai Yongxuan, an AI expert, underscored the potential of the BRICS Innovation Base to facilitate technology transfer and promote balanced development in digital and intelligent technologies.

The salon also highlighted Xiamen's ongoing efforts, including the construction of the BRICS Digital Block and the BRICS Innovation Base Headquarters Project, aimed at fostering technological innovation and economic development.

Hu Wei, head of the Xiamen reporter station for Hong Kong Commercial Daily, emphasized the event's goal of discussing the development of the BRICS New Industrial Revolution Partnership Innovation Base amid evolving global dynamics, aiming to boost local economies and advance technological progress.

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