Xi proposes 5-point initiative, calls for ‘larger integrated market’ | India News


Xi proposes 5-point initiative, calls for 'larger integrated market'
Chinese President Xi Jinping hailed BRICS as an influential cooperation platform

New Delhi: Chinese President Xi Jinping Sunday proposed a five-point action plan, including an “open source and inclusive AI” initiative, along with digital industry and trade and investment facilitation as he urged Brics members to cooperate for a stable supply chain and a large integrated market.Also, urging Brics to rally the Global South and act as an active, stabilising and positive force amid changes not witnessed in a century, he said a world without rules is like a crossroads without traffic lights, where chaos and disorder are all but guaranteed.“President Xi stressed that Global South countries should jointly defend the rule of law in international affairs, safeguard the basic norms of international relations, including sovereign equality, noninterference in internal affairs and the peaceful settlement of disputes, and ensure that international law and international rules are applied to all, free from double standards,” said a statement issued by Chinese foreign ministry after his address at the second session of the Brics conference.

Xi pushes China’s AI vision of open-source community

Global South countries should hold high the banner of multilateralism, uphold the authority and role of the UN, support multilateral institutions in advancing reform and increasing efficiency, and see to it that reform of WTO proceeds in the right direction. The international financial architecture must be reformed and improved to increase the representation and voice of developing countries,” it said.Citing the current volatility in a multipolar world, Xi said, “To bring stability to the world and make it a better place, Brics countries must seize the historical initiative, rally the Global South, be an active, stabilising and positive force in international affairs, and advance the well-being of all humanity.” He then went on to elaborate on his economic agenda, arguing cooperation among members of the 11-nation bloc must be strengthened.As part of the AI initiative, Xi suggested China establish a Brics AI open source community, support cooperation in developing and applying large language models and build an open ecosystem.

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