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In 2011, South Africa joined to give the BRICS a broader geographic representation.
In 2015, China has set the lowest economic growth target in more than 15 years.
UK is joining China’s Asian Infrastructure Investment Bank, becoming the first “major western country” to apply for membership.
Including the yuan in the SDR basket would aid China’s attempts to diminish the dollar’s dominance in global trade and finance.
Industrial output, investment and retail sales growth missed analysts’ estimates in January and February.
The next SCO summit will be held in Russia’s city of Ufa on July 9-10, 2015 along with the 7th BRICS Summit.
China attributed the surge to a rise in exporters' shipments ahead of the Lunar New Year.
The Finance Minister said the actual budget deficit would be around 2.7 per cent of GDP this year.
The National People's Congress (NPC), China's parliament is the most powerful organ of state.
