On the afternoon of September 12, local time, at the first phase of the 18th BRICS Leaders' Meeting, President Xi Jinping announced that China will take over the BRICS presidency in 2027 and host the 19th BRICS Leaders' Meeting.

On the afternoon of September 12, local time, at the first phase of the 18th BRICS Leaders' Meeting, President Xi Jinping announced that China will take over the BRICS presidency in 2027 and host the 19th BRICS Leaders' Meeting.