The 2017 BRICS Business Forum aims to encourage a more open trade and investment environment through talks between governments and companies, said Jiang Zengwei, head of the China Council for the Promotion of International Trade, which organized the event.
Major Chinese computer-maker Lenovo has announced plans to enhance its technological cooperation with BRICS-based companies to explore new opportunities in the software and IT equipment market.
China's strong economic growth allows it to play an important role in the BRICS, and its experience in development provides valuable lessons, said Marcos Caramuru de Paiva, the Brazilian ambassador to China.
The BRICS members - Brazil, Russia, India, China and South Africa - have gained momentum in their economic and political cooperation, seeing their influence increase at both regional and international levels, said Indian officials and analysts.
The upcoming BRICS Summit is expected to pave the way for more practical cooperation among emerging markets and developing countries to inject impetus into global economic recovery, analysts said.
Electricity is a major highlight of the 14 cooperative documents signed on Friday after a talk in Beijing between President Xi Jinping and his Brazilian counterpart, Michel Temer.
