(Yicai Global) Aug. 2 -- The 2017 Meeting of the BRICS Trade Ministers ended in Shanghai today.
BRICS will set up an e-commerce cooperation team, and Chinese enterprises will cooperate with three other member countries in the e-commerce sector, said Zhong Shan, China's commerce minister, at a post-meeting press briefing.
The meeting adopted the Statement of the Seventh Meeting of the BRICS Trade Ministers, and reached a series of important consensuses on promoting trade development, bolstering cooperation to facilitate investment, intensifying economic and technological cooperation, and supporting the multilateral trading system, Zhong said.
BRICS also adopted a basic framework to stimulate investment and approved the framework agreement on economic and technical cooperation. BRICS will work to support the WTO and oppose trade protectionism, he added.