Yao Yang: BRICS Countries' Countermeasures to Challenges
Beijing - The United States and Europe have been the export destinations of Chinese products in the past 20 years, however, recently we see the export growth is slowing, especially the BRIC countries. We believe we can take more efforts so that the BRIC countries will have more scope for economic growth, said Yao Yang, President of National School of Development, Peking University at the BRICS Economic Think Tank Forum in Beijing on Nov 6, 2014.
Firstly, more trade integration.
Secondly, it is investment. If we open the trade mechanism, the internal trade among the BRICS countries will be further promoted and the supplement and mutual promotion will be achieved.