China will serve as the rotating chairman of the BRICS country in 2022。As the "Chinese Year" of the BRICS country is coming，Think about the power of cooperation between the BRICS countries and the relationship between the BRICS countries and the international development system，It has particularly important significance。What is the relationship between cooperation with BRICS and South -South? What continuity and differences?。

　　bet365 live casino games The backbone of the back

Since the 21st century，A group of developed countries represented by the BRICS countries began to rise in groups，Become the backbone of the new period of revival of South -South cooperation and the reform of the international development governance system。BRICS cooperation is also known as "New South -South Cooperation"，But there is a certain difference with the traditional South -South cooperation。One aspect，Traditional South -South Cooperation is mainly concentrated in trade、Technology and other fields; while the BRICS countries have carried out "comprehensive" cooperation in the international development governance system，Including the implementation of the UN 2030 sustainable development goals、The sustainable development of the environment and bet365 best casino games the development of the digital economy。On the other hand，Traditional South -South Cooperation is mainly "based on speaking"，Development countries use "speaking the same voice" to maintain the common interests of developing countries，And BRICS cooperation In addition to "saying", it also injected the new element of "pragmatic cooperation" in "dominated by" as the main "，Create a new development bank that reflects the new development concept of the brick country。

　Conservation of the interests of developing countries in all directions

In terms of implementing the UN 2030 sustainable development goals，BRICS countries emphasize to balance and promote the economy、Sustainable development of society and environment，Support the United Nations sustainable development of high -level political forums to play an important role in evaluating the global implementation of 2030 sustainable development goals，and is committed to promoting the reform of the United Nations Development System，The ability to enhance its supporting member states to implement the United Nations' 2030 sustainable development goals。At the same time，BRICS countries also urged developed countries on time、Performing the official development assistance commitment，Provide more development resources for developing countries。

In terms of sustainable development of the environment，BRICS countries call on countries to be based on common but different responsibilities principles and national conditions of various countries，Comprehensively implement the target task determined by the Paris bet365 Play online games Agreement，and urged developing countries to provide funds to developing countries、Technical and ability construction support，Ability to improve developing countries to slow down and adapt to climate change。

In terms of digital economy development，BRICS countries emphasize that the digital economy is an important tool for developing countries to realize industrial modernization and promote tolerance economic growth，It will promote the realization of sustainable development goals。But what cannot be ignored is，bet365 best casino games the development of the digital economy also brings certain challenges to developing countries，exacerbated the digital gap between the country and the internal country，So，BRICS countries emphasize，The international community, including developed countries, must formulate an inclusive international digital governance rules，Realize the burden and accessibility of digital technology to ordinary people。

　　Leading international development financingSystem system change

In addition to maintaining the common interests of developing countries in the formulation of international development governance rules，BRICS countries also transform the new development concepts of developing countries into specific actions，Create a new Development Bank，Leading the institutional change of the global development financing system in a "first trial" manner。During the practice operation process，New Development Bank in the control structure of equal rights、Relations Bet365 lotto review with the borrowing country、Local currency investment and financing and sustainable infrastructure projects have achieved institutional innovation，further enriching the concept and practice of the international development financing system。

In terms of governance structure，Different equity is allocated with the World Bank's weighted ways，Five founding member states of the New Development Bank have no voting rights，but allocated equity average，Have equal voting rights，Institutionally guarantees equal, mutually beneficial and mutual respect between the five countries，Reflecting the basic concept of South -South cooperation。

In the relationship with the borrowing country，Story with the "International Best Standard" with the World Bank to give borrowing countries different，New Development Bank adopts the "national system"，That is, the national standard and institutional system of the borrowing country，Reflecting the spirit of equality and mutual benefit of South -South cooperation。One aspect，The national system helps maintain the independence and development autonomy of the sovereignty of the borrowing country。The so -called "international best standard" of the World Bank is often the standard for developed countries，Developed countries usually use the "international best standards" of multilateral development banks to "output" their national standards to developing countries，Interference in the internal affairs of developing countries，bet365 Play online games and the BRICS Development Bank directly adopts national standards of borrowing countries，It is conducive to supporting the development path and development model that is suitable for borrowing countries to explore the national conditions that are suitable for their national conditions，Mutual learning and reference to realizing development experience。On the other hand，The national system also helps reduce the financing cost of borrowing countries。The result of the "International Best Standard" by the World Bank often is that the borrowing country needs to bear the high and inefficient "dual standard"，That is "National Standards for Borrowing Countries+International Standards for Multilateral Development Bank"，and the BRICS Development Bank directly adopts national standards of borrowing countries，It is conducive to improving the evaluation efficiency of loan projects，Short the approval cycle of the loan project，to reduce the loan application time and cost of the loan country。

In terms of investment and financing of local currency，Different from the World Bank for investment and financing with international general currencies such as US dollars，New Development Bank actively explores the use of local currency of member states for investment and financing，Effectively reduced the exchange rate risk of loan projects，and promoted bet365 best casino games the development of the bet365 live casino games local capital market of member states。Most of the income of infrastructure projects is denominated at the local currency，Therefore, raised local currency funds in the local capital market of member states，then loan，Can effectively avoid currency mismatch，With reasonable business value。

On infrastructure investment projects，New Development Bank is more concerned about sustainable infrastructure projects，Including renewable energy、Digital infrastructure、Smart City、Water resources and sanitary facilities。"New Development Bank's first five -year overall strategy: 2017-2021" is clearly proposed，About two -thirds of the projects invested by BRICS Development Bank must be sustainable infrastructure projects。According to data from the International Development Financial Club，As of the end of 2019，About 60.4%of the projects that New Development Bank already invested in is sustainable infrastructure projects。Where，In the field of energy investment，About 73.8%of the investment projects of the New Development Bank are renewable energy，Mainly concentrated in solar energy、Wind energy and their storage facilities。

(The author is a professor at the School of International Relations and Public Affairs of Fudan University)