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The two sides announced they will work together as global rules being rewritten.
India makes a comeback to the Olympic fold following "clean elections" in the Indian Olympic Association.
Presently BRICS GDP equals that of half of the 34-member OECD.
International media reports have suggested huge corruption in the games preparations.
China and India share a 2000-km-long border that has never been formally delineated.
Beijing's role is critical, experts say, in raising domestic awareness of the cost of wildlife trafficking, and pursuing smugglers.
Xi was speaking to Russian broadcaster Rossiya TV this weekend.
The government is boosting clean energy car subsidies in a bid to improve the air quality in major cities.
The host city puts on a dazzling show celebrating ballerinas, cosmonauts, Peter the Great, Tolstoy, and Russian tennis greats.
Xi said China will continue to promote peaceful settlement of international disputes.