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China's economic performance has been generally stable with improved economic structure and quality growth, and it is totally possible for the economy to maintain a stable and positive trend next year, NBS spokesperson Liu Aihua told a press conference.

The BRICS example has already led to some reforms in World Bank and International Monetary Fund voting rights and has encouraged BRICS enterprises to evolve their own genre of financing, investments, technology transfers and market management distinct from Western multinational corporations' patron-client culture, Singh said.

The plenary session comprehensively analyzed the current situation and tasks and conducted in-depth discussion on several important issues which focus on "Four Greats," making full preparation for the 19th CPC National Congress.

BRICS Practical Economic Cooperation

"The accords are aimed at supporting the process of recovery of the damages caused by Hurricane Irma. China was one of the first nations to express its condolences and willingness to help," added Malmierca.