"The economies of five leading emerging powers are expected to account for half of the world's economic output by 2030, and urbanization will be the major economic growth driver, according to a think-tank official speaking at a monthly media briefing Weddesday in Beijing. Those five economies are composed of the BRICS nations including Brazil, Russia, India, China and new member South Africa, which officially joined late last year at China's invitation." (Quoted from article)