Internet reports that on July 5, local time, the BRICS Business Forum opened in Rio de Janeiro, Brazil. Brazilian President Lula and Vice President Gerardo Alkmin attended the opening ceremony of the forum. In his opening speech, Lula emphasized the important contribution of BRICS countries to global economic development, saying that 40% of the current global GDP is contributed by BRICS members. The economic growth rate of BRICS countries will reach 4% in 2024, which is higher than the global economic growth rate that year. 3.3%. Lula said that at present, global protectionism is on the rise, and emerging countries should jointly defend the global multilateral trading system and reshape the international financial architecture.