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China seeks deeper BRICS trade, digital, AI cooperation ahead of 2027 presidency

( August 10, 2026, 04:16 GMT | Official Statement) -- MLex Summary: China is seeking deeper BRICS cooperation on trade and investment, the digital economy, services trade, green minerals, artificial intelligence and special economic zones as it prepares to chair the group in 2027, the Ministry of Commerce said in a statement Sunday. Vice Minister of Commerce and International Trade Representative Li Chenggang told the 16th BRICS Trade Ministers’ Meeting in Jaipur, India, on Thursday and Friday that members should defend the multilateral trading system, oppose unilateralism and protectionism and advance World Trade Organization reform. Participating countries agreed to promote BRICS economic and trade integration and deepen cooperation on global value chains, small businesses and cross-border digital services trade, the ministry said. BRICS comprises Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, the United Arab Emirates and Indonesia.Statement follows (in Chinese). ...

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