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As representatives of major emerging countries with global influence, we BRICS countries must act in the interest of the well-being of humankind, and stand by justice and equity. We must make the right call and do the right thing. This is us living up to our due responsibilities. It is also what our peoples and the global community expect from us. To this end, I wish to propose the following.
As the COVID-19 pandemic disrupted global industrial chains and dampened demand, Chinese authorities repeatedly stressed the important role of fee cuts in ensuring employment, meeting basic living needs and protecting market entities.
As should have been expected, this bet on risky investments did not work and many S&L banks went bankrupt. Since the deposits were insured by the government, the taxpayers were on the hook to pay for the S&L banks' losses, which amounted to more than 2 percent of GDP.
As the 13th National Committee of the Chinese People's Political Consultative Conference - the country's top political advisory body - starts its first plenary session on Saturday, some 2,158 national political advisers will gather in Beijing to share their insights on China's major political, economic and social issues.
As the world is undergoing profound changes unseen in a century, solidarity and cooperation should be pursued in the spirit of building a community with a shared future for mankind, Xi said.
来源：资阳报