Chinese Premier Li Qiang addressed the BRICS Summit in Rio de Janeiro on Sunday night, urging member states to reform the global governance system amid escalating trade tensions, geopolitical conflicts, and wars that are undermining international rules and multilateral mechanisms, as reported by Xinhua News Agency on Monday.

Key Points from Premier Li's Address:

1. Critique of Current System:

   • Warned against "bullying acts and the erosion of international rules"

   • Stressed the need to "restore fairness and justice" in global affairs

2. Proposed Solutions:

   • Advocated injecting "stable positive energy" into world affairs

   • Emphasized peaceful conflict resolution based on facts and fair judgment

   • Rejected "power and hegemony" as solutions, calling instead for equal dialogue

3. Development Initiatives:

   • Announced creation of a China-BRICS Center for New Productive Forces Studies

   • Launched the Golden Egret Scholarship for industrial and digital talent development

Summit Context:

• First BRICS summit since Indonesia's official membership in early 2024

• Expanded bloc now includes 11 members: Brazil, Russia, India, China, South Africa, Saudi Arabia, Egypt, UAE, Iran, Ethiopia, and Indonesia

• 10 partner countries also participating