TURN VISION INTO REALITY 

Delivering a speech titled "Turn Our Vision into a Reality," Xi pointed out the outstanding features of the new industrial revolution and put forward initiatives on the future development of the BRICS cooperation.

"Let us work together with the rest of the international community for an open, inclusive, clean and beautiful world that enjoys lasting peace, universal security and common prosperity," said the Chinese president.

The previous three industrial revolutions were all characterized by transformative advancement in science and technology: the rise of mechanization in the 18th century, the harnessing of electricity in the 19th century, and the advent of the Information Age in the 20th century, Xi said.

Such breakthroughs have greatly unleashed social productivity and significantly improved people's living standards, thus profoundly reshaping the course of human history, he said.

The world is experiencing another revolution in science, technology and industry, which is greater in scope and depth. New technologies, business models and industries are emerging one after another. Countries around the world have found their interests and future tied together like never before, Xi said.

"We have yet to sustain global growth with new driving forces and to address the North-South imbalance and other deep-seated structural problems," he told the session.

"What's more, constant flare-ups of geopolitical conflicts and the escalation of protectionism and unilateralism are directly affecting the external development environment of emerging markets and developing countries," he said.

The BRICS countries "must therefore have a keen grasp of the trend of our times, deepen our strategic partnership, and consolidate our cooperation framework underpinned by economic, political and security cooperation and people-to-people exchanges, so as to turn our vision of a second 'Golden Decade' into a reality," said the Chinese president.