2016 marked the tenth anniversary of the establishment of the BRICS mechanism. In the first decade, the bloc contributed over 50 percent of the global economic growth.
There are high hopes for the next ten years, being kicked off in the Chinese seaside resort of Xiamen.
Brazilian Ambassador, Marcos Caramuru de Paiva, says the city is an important business hub helping to connects more countries and regions together.
"I think the BRICS meeting which will be held in Xiamen sends out a signal that the "Belt and Road " initiative proposed by Chinese president Xi Jinping refers to not only the land route