Author(s)

Ting Wang

Corresponding Author

Ting Wang

Abstract

The Ninth BRICS Leaders Meeting pointed out that, capacity cooperation is the key cooperation area for the five countries in the future. This paper finds that BRICS countries have diversified resource endowments, industrial advantages and economic development models, which provide complementation and development space for capacity cooperation. Moreover, BRICS countries have broad common interests and a good foundation for achieving common prosperity. Therefore, the capacity cooperation between China and other BRICS countries should be carried out on the basis of each country's comparative advantages, basic conditions and the actual needs of economic development. This paper also analyzes the international competitiveness of industries in BRICS countries from the perspective of RCA and TC, and illustrates international competitive industries of each country, so as to make the cooperation between China and other BRICS countries more effective and pertinent.

Keywords

Brics, Capacity Cooperation, International Competitiveness