BRICS, an emerging-market group, includes Brazil, Russia, India, China and South Africa.
It represents a quarter of the global GDP, 18 percent of global trade and 25 percent of the world's foreign investment.
Trade cooperation in various fields among BRICS countries has seen remarkable progress over the years.
Media veterans from the BRICS countries have hailed the pragmatic cooperation among the countries, and call for stronger and closer ties for the future.
Produced by Xinhua Global Service
