Business Daily Media

The Times


.

China's development philosophy resonates across Global South at BRICS Summit

NEW DELHI, INDIA - Media OutReach Newswire – 15 September 2026 – The 2026 BRICS Summit was held in New Delhi from Saturday to Sunday, bringing together leaders of major emerging economies to promote inclusive global governance, strengthen multilateralism and foster sustainable global economic growth.



image-1.jpeg

When addressing the Session I of the 18th BRICS Summit on Saturday, Chinese President Xi Jinping noted that this year marks the 20th anniversary of BRICS cooperation. It has been 20 years of self-reliance and self-strengthening, and BRICS countries have actively explored development paths suited to their own national conditions, setting an example of self-strengthening through unity among emerging markets and developing countries, Xi said.

On the sidelines of the summit, the People's Daily released a video titled "Through Xi's Eyes: Finding the answer to the 'warmth of BRICS,'" featuring the warmth of multilateral cooperation and how China's development philosophy resonates across the Global South.

In the video, Busi Mabuza, South African chairperson of the BRICS Business Council, emphasized that emerging nations share a common bond: "Because most of the Global South countries are recently emerging from developing nation status, they understand the importance of not leaving anybody behind."

"It [BRICS] has opened up relationships in markets that are not just large, but that believe in multilateralism, that believe in supporting BRICS partners through sharing of technology, through sharing of skills," the chairperson said.

R. Deepak, professor of Chinese studies at Jawaharlal Nehru University who brought stacks of President Xi's works back from China, observed that Xi's early years laid the foundation for his people-centered approach and poverty alleviation strategies. Such grassroots governance, Deepak noted, deeply resonates with nations of the Global South that share similar developmental journeys and strive to build a better life for their people.

As the video reflects, for people across Asia, Africa and Latin America, development is not an abstract concept but concrete improvements, from a paved road to a new job. As nations come together for this common goal, the paths to development and modernization open up to more possibilities.


The issuer is solely responsible for the content of this announcement.

News from Asia

Among the Giants: Aventra Group Unveils Pioneering ISO 42001 AI Framework to Smash Enterprise Procurement Bottlenecks

Aventra Group secures the international ISO/IEC 42001 standard across its operations, technology infrastructure, and core business applications—unifying AI governance with existing ISO 27001 and SO...

Qupital Unveils World’s First AI-Driven On-Chain E-Commerce Lending Protocol, Accelerating Web3 Global Trade Finance

Combining real-time AI credit monitoring with Ethereum smart contracts and USDC settlement, Asia’s digital trade finance leader addresses a US$2.5 trillion SME trade financing funding gap opportuni...

New allnex Leadership Team to drive next phase of growth

FRANKFURT, GERMANY – Media OutReach Newswire – 6 October 2026 – allnex is evolving its leadership team and business structure to accelerate the next phase of growth, bringing technology, c...

Jazz Hipster Brings High-Resolution Audio Standards to the Active Speaker Market with a 96kHz Wireless Audio Platform

NEW TAIPEI CITY, TAIWAN – Media OutReach Newswire – 6 October 2026 – Jazz Hipster Corporation, an ODM specializing in high-end audio systems, today announced a new high-resolution wireless audio p...

DigiFT Unlocks On-Chain Access to Leading U.S Treasury Money Market Fund

SINGAPORE - Media OutReach Newswire - 6 October 2026 - DigiFT, a Monetary Authority of Singapore–licensed digital asset exchange, today launched tokenized access to interests in a U.S. Treasury mo...

VinFast VF 3 Honoured As "Trusted & Popular Brand 2026" At Disway Awards

JAKARTA, INDONESIA - Media OutReach Newswire - 6 October 2026 - The VinFast VF 3, a mini SUV from Vietnam, has been honoured with the "Trusted & Popular Brand 2026" title in the Passenger BEV ...

HID Enhances FARGO® DTC Printer Line to Help Organizations Issue Faster, More Secure ID Cards

Upgrades improve print quality, strengthen security and simplify ID card issuanceSINGAPORE - Media OutReach Newswire – 6 October 2026 – HID, a global leader in trusted identity solutions, is r...

Vingroup And Alstom Sign Technology License Agreement To Develop Hanoi’s Next-Generation Urban Rail Network

HANOI, VIETNAM - Media OutReach Newswire - 6 October 2026 - Vingroup and Alstom, a global leader in rail technology, have signed a rolling stock contract and a Technology License Agreement (TLA)...

"Investment Advisers are Either Going to Be on the Crest of This AI Wave, or They are Going to Drown Under It": Ray Dalio

As AI reshapes investing and advisory roles, WMI targets 21,000 enrolments in practical, role-specific AI training for wealth and asset management professionals over three years.SINGAPORE – Media ...

HKCEC Hosted 25 New Exhibitions and Conferences, Successfully Hosts Multiple Hong Kong and Asian Debuts Set to Return Next Year.

Totals 786 Events in FY 2025–2026; Reinforcing Hong Kong’s Position as the "International Convention and Exhibition Hub"HONG KONG SAR – Media OutReach Newswire – 6 October 2026 – The Hong Kong Con...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...