Xi's speech positive, comprehensive, says observers

Shchepin Konstantin, Russia, China Radio International

Shchepin Konstantin from China Radio International. [Photo provided to chinadaily.com.cn]

We are very happy to learn that China is going to spend 500 million yuan in promoting trade, technical investment, and cooperation between the BRICS countries, which is indeed very important.

We need to talk about cooperation among the BRICS nations as there's a huge potential. President Xi said BRICS countries only invested 5.7 percent in each other in 2016, which is a small amount. When we talk about China-Russia investment cooperation, the momentum is positive. Investments from China into Russia are moving forward at a fast pace. I know President Xi is going to deliver several speeches during the summit and he has already sent a lot of positive signals, not only to the BRICS countries, but also to the world.