BRICs countries strengthen supply chain value chain cooperation.

The 10th BRICs economic and trade ministers' meeting was held in the form of video on July 24. Novel coronavirus pneumonia is unanimously agreed by the five ministers. The new crown pneumonia epidemic continues to spread and the risk of downside risks in the world economy is aggravated. Facing severe situations, members should adhere to cooperation and overcome difficulties.

In addition, it is necessary for all parties to work together to safeguard the interests of small and medium-sized enterprises in the field of protection of the intellectual property rights and interests of small and medium-sized enterprises and jointly support multilateral cooperation in the fields of intellectual property rights and trade facilitation The BRICs economic partnership strategy 2025 was formulated.

China's Commerce Minister Zhong Shan said that BRICs countries have a broad market and huge development potential. They should strengthen their confidence, strengthen international cooperation in anti epidemic, ensure the stability and smoothness of global industrial chain supply chain, and jointly support developing countries and the least developed countries; strengthen the docking of development strategies and industrial policies, give full play to the synergistic effect, and continue to move towards the "integrated market" We should grasp the opportunities of digital economy development, adhere to the main line of inclusive and sustainable development, and contribute to the "BRICs power" to promote global economic and trade recovery.