BRICS Summit

Chinese President Xi Jinping has welcomed his BRICS colleagues and observer states to the opening of the 9th annual BRICS summit in Xiamen.
During his speech President Xi called for a more inclusive BRICS that would see Brazil, Russia, India, China and South Africa cooperating more intensely with other nations in order to open up mutually beneficial economic opportunities for all parties.
Xi said,

Special Report on 9th BRICS Summit in Xiamen, China
Chinese Finance Minister Lou Jiwei (C), Shanghai Mayor Yang Xiong (R) and President of the New Development Bank (NDB) of BRICS K.V. Kamath attend the launching ceremony of the bank in Shanghai, east China, July 21, 2015 [Xinhua]
The BRICS New Development Bank is hoping to increase the size of its loans in 2017, a Chinese Ministry of Finance official said on Thursday.
The statements by Zhou Qiangwu reiterate remarks made last year by the NDB Vice-President Zhu Xian.