On November 13, 2019 local time, the closing ceremony of the BRICS Business Forum was held in Brasilia. President Xi Jinping attended the ceremony and delivered a speech. Also at present were Brazilian President Jair Bolsonaro, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and South African President Cyril Ramaphosa.
Xi Jinping pointed out that many new changes have taken place in the world for a period of time, and these changes brought numerous opportunities as well as challenges. The power unleashed by a new round of scientific and technological revolution and industrial transformation has opened up new ground for productivity growth and economic and social development. At the same time, mounting protectionism and bullyism are eroding global trade and investment, and weighing down the world economy. When businesses have confidence, the market will enjoy vitality. He called on the business sector to seize the opportunities and address the challenges. The business community should continue to full-play their advantages, take an active part in promoting economic cooperation among BRICS countries, and actively invest and do businesses in BRICS countries to make tangible contributions to growth and job creation.
Xi Jinping said that the BRICS partnership on new industrial revolution is vital to BRICS economic cooperation at the next stage, urging the business sector to blaze a trail for the integration of business cooperation with the BRICS partnership on new industrial revolution, and produce more spotlight results in such areas as innovation, digital economy and green economy so as to promote high-quality development of BRICS economies.
Xi Jinping said that as economic globalization faces headwinds, the business community should help the government better understand the industry and the market's demands, and improve its decision-making capacity by identifying difficulties and pain points that hinder trade and investment among countries and providing suggestions for feasible solutions.
Xi Jinping stressed that China's development is an opportunity for the world. China's commitment to opening up more widely and the long-term positive trend of its economy have not changed. China will further open its market, expand import and constantly improve business environment to create better conditions for companies' development. The joint building of the Belt and Road has entered a new high-quality period, and he called on the entrepreneurs to seize the opportunity and actively participate to reap more fruits of cooperation.
About 600 representatives from the BRICS business community attended the closing ceremony.
That night, Xi Jinping and his wife Peng Liyuan attended the welcoming banquet hosted by President Jair Bossonaro and his wife for the BRICS leaders, and watched the performances together.
Ding Xuexiang, Yang Jiechi, Wang Yi, He Lifeng and others participated in the above activities.