China
        

Politics

BRIC nations sign Beijing Consensus

Updated: 2011-09-21 21:47

(Xinhua)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

BEIJING - The BRICS countries, including China, Brazil, Russia, India and South Africa, signed the Beijing Consensus on Wednesday, stating that coping with the financial crisis and promoting long-term, steady and relatively rapid economic growth are their shared tasks.

The consensus, signed at the second BRICS International Competition Conference, called on all countries and regions to build more consensuses and adopt effective competition policies, which it said "are vital for ensuring fair competition, protecting the interests of consumers and promoting the healthy development of a market economy."

BRICS countries pay great attention to new developments in global competition laws and policies, and are willing to share ideas on this issue, the consensus said.

Since the first BRICS International Competition Conference in 2009, the conference has served as an important platform for reinforcing communication and cooperation between BRICS members and various competition authorities, according to the consensus.

The second conference, which focused on the theme of "Competition Enforcement under Economic Globalization," attracted nearly 300 attendees from 55 international organizations and 43 countries and regions.

E-paper

The snuff of dreams

Chinese collectors have discovered the value of beautiful bottles

Perils in relying on building boom
Fast forward to digital age
Bonds that tie China. UK

European Edition

Specials

Let them eat cake

Cambridge University graduate develops thriving business selling cupcakes

A case is laid to rest

In 1937, a young woman'S body was found in beijing. paul french went searching for her killer

Banking on change

Leading economist says china must transform its growth model soon

Sowing the seeds of doubt
Lifting the veil
Exclusive attraction