From August 12 to 13, the first BRICS finance ministers and central bank governors meeting in 2026 was held in Jaipur, India. The conference discussed global economic growth and development, improving the international monetary and financial system, and financial cooperation topics such as infrastructure investment, customs and taxation, the New Development Bank, and the BRICS financial think tank network. Vice Minister of Finance Liao Min led a delegation to attend the conference and delivered a speech. Liao Min said that China is willing to deepen practical cooperation with all parties in the fields of infrastructure, customs and taxation, and to jointly support the operation and development of the New Development Bank. China appreciates the new progress made in the BRICS financial think tank network cooperation, providing strong intellectual support for financial cooperation between the BRICS countries. Liao Min also promoted the positive trend of China's economy towards new advantages and related policies to expand domestic demand, invest in people, and promote innovation-driven development during the “15th Five-Year Plan” period, stressing that China will continue to provide opportunities and important support for world economic growth.

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