The Belt and Road Initiative is highly compatible with Brazil's reindustrialization and New Growth Acceleration Program, Xi said, adding the two sides should synergize them to facilitate their respective modernization process.
Xi said China supports Brazil in hosting the G20 summit next year as well as the United Nations climate change conference in 2025, and is willing to strengthen coordination and cooperation with Brazil.
Lira said that cooperation with China has effectively promoted Brazil's economic and social development and increased Brazil's employment and production capacity. China's success is of great significance to the world, and China has always been an important partner for Brazil's development.
As the rotating chair of the G20 next year, Brazil is willing to closely communicate and coordinate with China, and looks forward to President Xi's visit then, said Lira.
The world-renowned US economist has written about the lessons of the BRICS summit in Kazan.
Looking at the latest meeting from a distance, the BRICS, led by the Global South, are on an expansion path. A growing number of countries are supporting the group's mission to build alternative economic institutions/institutions that are more representative, focus on more democratic functioning and are not dominated by Western powers.