Group 1 - The "BRICS 2025: Strategic Cooperation in a Multipolar World" seminar held in São Paulo, Brazil, gathered over 130 guests from various sectors to discuss topics such as "Southern Countries and Global Governance," "Economic and Financial Cooperation," and "Innovation and Sustainable Development" [1] - Participants believe that "Big BRICS Cooperation" helps unite the global South and plays a positive role in shaping a multipolar world, emphasizing the importance of cooperation between China and Brazil in areas like digital economy and green energy [1] - The former Brazilian Minister of Industry and Trade highlighted that the increasing number of countries joining BRICS demonstrates the strong appeal and influence of the BRICS cooperation mechanism, which should continue to promote global governance reform [1] Group 2 - The Chinese Consul General in São Paulo stated that BRICS countries are becoming a leading force in driving global governance changes and that China is willing to strengthen strategic cooperation with Brazil under the BRICS framework [2] - The Secretary-General of the São Paulo State Assembly noted that Brazil's import of high-end equipment and technology from China is crucial for its re-industrialization process, showcasing the mutual benefits of China-Brazil cooperation as a model for South-South cooperation [2] - The seminar was co-hosted by the Chinese Consulate in São Paulo and the Brazilian Business Leaders Organization, which aims to facilitate business connections, policy communication, and cultural exchanges between Chinese and Brazilian enterprises [2]

Core Viewpoint - The global economic governance paradigm is undergoing profound evolution, characterized by the shift from a single power structure to a more collaborative and shared governance model, emphasizing multilateral participation and institutional restructuring [6][10]. Group 1: Global Economic Governance Changes - The current global economic governance is influenced by geopolitical conflicts, rising protectionism, and the acceleration of digital and green transformations, leading to a weakening of global growth momentum [6][12]. - The restructuring of financial order is a significant manifestation of adjustments in global governance, highlighting the need for a diversified sovereign currency coexistence and orderly competition [7][12]. - The role of the International Monetary Fund (IMF) and Special Drawing Rights (SDR) is evolving from crisis response to regular operation, enhancing their integration into trade, financing, and reserve systems [7][21]. Group 2: China's Role in Global Governance - China is transitioning from a rule-taker to a rule-maker in global economic governance, promoting high-level opening-up and aligning with international high-standard trade rules [8][12]. - The country is developing a comprehensive policy framework around digital payments, green finance, and data regulation, aiming to create replicable international governance solutions [8][12]. - China's commitment to multilateralism and shared development is evident in its efforts to enhance institutional compatibility and participation depth within the global governance system [7][8]. Group 3: Future Governance Paradigms - The future of global economic governance remains undefined, with key variables including the restructuring of multilateral mechanisms, the rule-based advancement of technological governance, and the diversification of the international monetary system [8][10]. - Balancing national sovereignty with global cooperation, efficiency with fairness, and risk prevention with innovation will be crucial for the effectiveness and sustainability of future governance frameworks [8][12].

Core Viewpoint - The article emphasizes the need for BRICS nations to enhance cooperation and take on greater responsibility in promoting global governance reform, advocating for peace, development, and cultural exchange among civilizations [1][2]. Group 1: Global Governance and Cooperation - BRICS countries should maintain independence and demonstrate responsibility, aiming to be a leading force in global governance reform [2]. - The current global landscape is marked by significant changes, with international rules and order facing serious challenges, necessitating a collaborative approach among nations [1][2]. Group 2: Peace and Development - Emphasis on resolving disputes through peaceful means and focusing on development to boost economic growth [2]. - China plans to establish a new productivity research center and a scholarship to support talent development in industrial and communication sectors within BRICS nations [2]. Group 3: Cultural Exchange - Advocating for the promotion of cultural exchanges and mutual learning among different civilizations, aiming for a harmonious coexistence [2]. - The BRICS cooperation mechanism is seen as a vital platform for defending the development rights of global southern countries and enhancing international influence [2].