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Xinhua Silk Road
Economy

China Focus: BRICS enterprises see opportunities amid new industrial revolution

September 10, 2021


Abstract : Ariana Guedes de Oliveira, international affairs advisor of Brazil's Mato Grosso state, brought about 10 agricultural enterprises from her state to the 2021 BRICS Exhibition on New Industrial Revolution, which opened Wednesday in the eastern Chinese city of Xiamen.

A visitor views In-Vehicle Space Suit during an exhibition on BRICS New Industrial Revolution held in Xiamen, east China's Fujian Province, Sept. 8, 2021. (Xinhua/Lin Shanchuan)

y Xinhua writers Fu Min, Zhang Yizhi and Li Huiying

XIAMEN, Sept. 9 (Xinhua) -- Ariana Guedes de Oliveira, international affairs advisor of Brazil's Mato Grosso state, brought about 10 agricultural enterprises from her state to the 2021 BRICS Exhibition on New Industrial Revolution, which opened Wednesday in the eastern Chinese city of Xiamen.

"At least two cooperation programs will be reached with Chinese enterprises," she said. "Of course, the more the better."

The BRICS countries, namely Brazil, Russia, India, China and South Africa, are home to over 40 percent of the world's population and about a quarter of the world economy.

The BRICS Partnership on New Industrial Revolution Innovation Center was launched in Xiamen in December last year. At the center's inauguration ceremony on Tuesday, 28 projects with a total investment of over 13.4 billion yuan (about 2.07 billion U.S. dollars) were inked by BRICS enterprises.

Photo taken on Sept. 7, 2021 shows the inauguration ceremony of the BRICS Partnership on New Industrial Revolution Innovation Center in Xiamen, east China's Fujian Province. (Xinhua/Lin Shanchuan)

"It is encouraging. We value the position of Xiamen as a technology, innovation and international trade hub in China," Oliveira said.

"The innovation center in Xiamen provides lots of opportunities for enterprises both in China and Brazil in fields such as biotechnology, nanotechnology, new materials, green economy and smart manufacturing," she added.

Xiamen ITG Group Co., Ltd., a Chinese company based in Xiamen, signed two projects with Brazil on the importation of soy beans and pulp, with a total investment of more than 2 billion yuan.

Cai Yingbin, deputy president of Xiamen ITG Group, said that the company enjoyed in-depth cooperation with other BRICS enterprises on coal, textiles and agricultural products, with the scale of both import and export increasing in recent years.

"With the development of the innovation center, we have more new programs finalized. I hope we can have more cooperation with supply chain enterprises from BRICS countries and contribute to the development of economic and trade interaction among BRICS countries," Cai said.

Evgeny Kosolapov, a representative of the Skolkovo innovation center in Russia, which signed a cooperation contract with Xiamen Torch Development Zone for High Technology Industries at the ceremony, said that one major area on which they are focusing is "Industry 4.0".

"I believe Xiamen is a good place for new industries to come to China because of its good logistics and business environment," he said. "I think the innovation center has a very good future and we would be happy to contribute ourselves to the center's development."

According to the data from the municipal government of Xiamen, the innovation center has built seven new-industrial-revolution enabling platforms, and launched the first batch of 39 new-industrial-revolution demonstration projects.

From January to July of 2021, the number of new enterprises established in Xiamen by Brazil, Russia, India and South Africa is three times that of the same period in previous years, data shows.

Alexey Dakhnovskiy, trade representative of Russia in China, said that the innovation center aims to promote partnership and productivity among the BRICS countries, which will create market, employment and business opportunities for them.

"We are sure that through our joint efforts, the BRICS countries will have a better future in terms of digitalization, standardization and industrialization," Dakhnovskiy said.

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Keyword: BRICS enterprises

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