Opening a new chapter in the high-quality development of greater BRICS cooperation
Chinese President Xi Jinping will attend the 18th BRICS Summit in New Delhi from September 12 to 13, 2026, at the invitation of Indian Prime Minister Narendra Modi. This summit marks the 20th anniversary of BRICS cooperation, a mechanism that has expanded significantly across political, economic, and people-to-people exchanges. China, a consistent supporter, is expected to propose initiatives for high-quality development within the BRICS framework. The BRICS family now represents over half of the world's population and nearly 30 percent of global economic output, aiming to strengthen solidarity among emerging markets and developing countries.
The upcoming 18th BRICS Summit in New Delhi, featuring Chinese President Xi Jinping, underscores the group's growing influence, particularly for Asian economies. China's push for "BRICS Plus" and the establishment of a China-BRICS Artificial Intelligence Development and Cooperation Center points to a strategic effort to integrate AI and green development into the bloc's agenda. This initiative could foster significant cross-border tech collaboration and investment within the BRICS nations, impacting Asian startups and tech firms seeking new markets and partnerships. While the focus on "new quality productive forces" and green industries presents opportunities for tech transfer and innovation, the practical implementation and equitable distribution of benefits across diverse economies like India and China will be a key challenge. The BRICS group’s collective economic output, nearly 30 percent of the global total, suggests substantial market potential for shared AI and green tech initiatives, but regulatory harmonization and intellectual property protection remain critical areas to watch for Asian tech companies.
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