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BRICS committed to the development of entire world: Chinese official

BEIJING, March 25 (Xinhua) -- BRICS countries are committed to the development of developing nations and the entire world, a senior Chinese official said in Beijing on Friday.

"It is the noble goal and the strong desire for peace, cooperation and development that made the five countries gather together," said Chinese State Councilor Dai Binggu in a meeting with experts and scholars of think-tanks from Brazil, Russia, India and South Africa.

The experts and scholars, along with their Chinese peers, held a symposium in Beijing on Thursday and Friday to provide suggestions for the third BRICS Leaders' Meeting scheduled for mid-April in southern China.

The BRICS mechanism upholds the principles of openness and transparency, said the official.

BRICS is a group acronym that refers to Brazil, Russia, India, China and South Africa, which are all considered to be at the same stage of economic development. The countries are also called emerging economies. Many economists believe that the rise of BRICS countries will make the world economy grow in a more balanced way.

"The BRICS countries are not only committed to their own development, but also to the development of all developing countries and the whole world," he added.

"Peace, development and cooperation have become the trend in today's world, and interests of different countries are closely interwoven to an unprecedented degree," Dai said.

"So all the countries should go beyond the differences in ideology, values, religion, culture, and phase of development to respect each other, treat each other equally, coexist in harmony and seek common development," he added.

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