Introduction
BRICA: Belt & Road Industrial Commercial Alliance
CFIE:  China Federation of Industry and Economics
CPPCC: Chinese People’s Political Consultative Conference

On June 16th, The Founding Conference of BRICA is held in Diaoyutai State Guesthouse in Beijing, which is launched by CFIE. The conference is directed federally by Chenyuan, the Vice President of The 12th CPPCC and Gu Xiulian, who is the Vice Chairman of the 10th Standing Committee of the National People’s Congress and the Honorary Chairman of CFIE. The 22 founder member leaders of the alliance from 20 countries co-chair the conference, including Li Yizhong, who is the Deputy Director of the 12th CPPCC and Economic Committee and the President of CFIE.

Li Yizhong points out that the establishment of BRICA is at exactly the right time. As the new power for promoting the implement of Belt & Road, BRICA will be in its position to take advantages of horizontal cooperation, collaborative innovation, intellect support, information connection, resource complementarities and fund leading to enhance the communication and mutual learning of different cultures and to boost the cooperation and prosperity of international economy.

Li Yizhong, Deputy Director of the 12th CPPCC and Economic Committee and the President of CFIE

                                          Lu Yaohua, the Vice Exc-President of CFIE

                              Xiongmeng, the Vice Exc-President and Secretary of CFIE

Li Yizhong highlights that it not only needs a new growth impetus for the development of global economy but it also needs collaborative development of multi-level, multi-channel and multi-aspect. The collaborative developments aim to promote the industry cooperation and the liberalization and convenience of trade and investment, which paves a new model and route for the international business cooperation and development under the new situation. BRICA catches the opportunity of Belt & Road and it is an important measure of multilateral cooperation.

The conference releases Declaration of Belt & Road Industrial Commercial Alliance in Beijing,  announces the organization of BRICA and the establishment of Alliance of Global Investment and Buyout fund, holds the online ceremony of BRICA Cloud Platform-Baiyu Lianda, activates the Think Tank Construction of B&R industrial cooperation. As an alliance branch in China, the  establishment of China Board of Directors of BRICA is announced, which is to be in charge of the development, management and service of the members in China region. Up to now, totally 41 units join China Board of Directors.

                            President of Iran - China Chamber of Commerce and Industry

                                                             President of Iran Investment Committee

At present, totally 22 business association and organizations from 20 countries and regions join BRICA as the members, including Russia, Brazil, Czech, Egypt, Georgia, German, France, India, Iran, Kazakhstan, Latvia, Lithuania, Mongolia, Netherlands, Pakistan, Romania, Turkey, Ukraine, China and Hong Kong.