What are the BRICS countries and why are they called BRICS countries?

BRICS countries refer to Brazil, Russia, India, China and South Africa. BRICS are called BRICs because they quoted the English initials of Brazil, Russian, Indian and China. This word is similar to the English word Brick. All four countries are emerging economic powers, so they are called BRIC. In 20 10, South Africa officially joined and became a BRICS country.

The symbol of the BRICS countries is a circle surrounded by the representative colors of the five national flags, which symbolizes the cooperation and unity of the BRICS countries. Its role is to enhance world peace and development, improve the voice of developing countries, promote communication between developed and developing countries, and contribute to the self-construction of BRICS mechanism.

BRICS countries are all emerging market countries. Although the two countries have different national conditions, cultures and geographical locations, they share the same or similar views on many international and regional issues. BRICS countries account for 29.6% of the world territory and 42.6% of the world population. In 20 13 years, the global GDP reached 2 1.3%. In the past decade, the BRICS countries have contributed more than 50% to global economic growth.