The Theoretical Basis And Path Choice Of Expending Economic And Trade Cooperation Of BRICS Countries

The subprime mortgage crisis triggered by the global financial crisis in Europe and the United States and other major developed countries economy battered by the economic growth, stagnation and even retrogression, the decline in domestic demand, seriously affected the healthy and stable development of the world economy. Since 2012, the economy of the developed countries in Europe and America are gradually improved, but sustainability remains to be seen, economic development remains uncertain. The contrast is the emerging market countries especially the BRICs countries showing a new force rises, contributing more than 50% to the growth of the world economy. Post crisis era, the world economic pattern in the changing period, emerging market countries’ strength in the rising period has become an indisputable fact. In this context, the study of emerging market countries especially in the economic and trade exchanges among the BRIC countries, has important practical value. Firstly, the article researches the basic theory of the BRIC countries economic and trade exchanges, taking into account the existing international trade, investment, regional economic integration, international cooperation theory cannot fully explain the increasingly close economic and trade exchanges among the BRIC countries, this paper tries to put forward the new country cooperation theory, and strive to explore the universal law of emerging powers between economic and trade exchanges, and interpret the economic and trade exchanges among the BRIC countries by the theory. secondly, this paper takes China as an angle of view, taking a comprehensive study of trade in goods and services trade, investment, finance, regional economic integration and other aspects of the current situation and features of cooperation between China and the other BRIC countries, and using the method of qualitative and quantitative study, finding out further development of economic and trade exchanges and the joint interests between China and the other BRIC countries the, and finding out the concrete development path. finally, based on the six consensus combing the BRICs Leaders Summit, further development of BRICs cooperation mechanism has been studied, proposed "to strengthen economic and trade cooperation is the core, the target of the BRICs countries cooperation mechanism is involved in global governance the mechanism of BRICs cooperation, the appeal of the mechanism of BRICs cooperation is expanding energy cooperation, enhance the cultural identity is the basis of BRICs cooperation mechanism.