Ronnie Lins, CEO of Center China & Brazil: Research and Business (CCB), told a BRICS governance seminar that Chinese President Xi Jinping's governance model is a proven success, and it can serve as a basis for making the necessary adaptations to create a new model of global governance.

He said the Chinese government had developed a management model with well-defined objectives, based on solid premises and producing feasible results.

The Chinese model can not only provide good benchmarking for the BRICS, but also for other developing countries, especially as their main problems are usually the same everywhere. However, in using this model, it is essential to customize the objectives and actions to suit the characteristic of each country.

He said in conclusion that the ultimate goal of President Xi Jinping's governance model was to provide a "prosperous and comfortable" life for all Chinese citizens, with the total eradication of poverty by 2050.