BRICS Summit to Highlight China's Global Initiatives and Development Push for Global South — China Global Television Network

Event summary

BRICS marks 20 years of cooperation with the 18th Summit in New Delhi on September 12-13, 2026, focusing on resilience, innovation, cooperation, and sustainability.
China's four global initiatives align with BRICS cooperation to create development opportunities for the Global South, including renewable energy, digital platforms, and food security projects.
The New Development Bank (NDB) has approved 139 projects totaling $43 billion by the end of 2025, funding infrastructure and livelihood improvements across developing nations.
BRICS nations, accounting for 42% of global agricultural land and grain production, are prioritizing food security and climate-resilient farming through initiatives like the proposed BRICS Grain Exchange.
The 2025 BRICS Statement on AI Governance champions an inclusive digital ecosystem, empowering developing nations to shape global governance and frontier technology.

The big picture

The BRICS Summit underscores the bloc's role in reshaping global development paradigms, particularly for the Global South. With China's initiatives providing a framework, BRICS is positioning itself as a counterweight to Western-dominated institutions, emphasizing multilateralism and equitable growth. The focus on food security, AI governance, and infrastructure highlights the bloc's strategic shift from economic cooperation to broader geopolitical influence.

What we're watching

Governance Dynamics: How BRICS' push for inclusive global governance will affect the balance of power in international institutions like the UN.
Execution Risk: Whether BRICS can sustain the pace of development projects and initiatives amid complex global challenges.
Strategic Alignment: The extent to which China's four global initiatives will continue to align with BRICS' objectives in the long term.