皇冠体育app

/ Comment

BRICS has to take up more challenges

By Zheng Xinli | 皇冠体育app Daily | Updated: 2011-04-14 08:02

Brazil, Russia, India, 皇冠体育app and South Africa (BRICS) together have a population of more than 3 billion - or about 43 percent of the world total. The BRICS economies account for 18 percent of the world's economic aggregate, 15 percent of foreign trade volume, and attract 53 percent of the foreign capital. By 2015, BRICS' total GDP will increase to 23 percent of the world total, and by 2020 to 31 percent.

The five countries' combined population will peak at 44 percent of the world total by 2015 but is expected to fall to 37.1 percent by 2030. Their continuous GDP growth and falling population (after 2015) are bound to increase their per capita income and improve the living standards of their peoples.

The leaders of the five countries will meet at the BRICS summit in Sanya, Hainan province, on April 14 to discuss global developments, financing and cooperation. But apart from the points on the Sanya summit agenda, the leaders have to deal with five domestic problems.

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to 皇冠体育app Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online

Registration Number: 130349
FOLLOW US