2021 marks the 15th anniversary of BRICS cooperation. On November 16, the opening ceremony of the 7th BRICS International Competition Conference (the 7th BRICS ICC) was held virtually. The Conference was hosted by the State Administration for Market Supervision and Sichuan Provincial People's Government, with venues set up in Beijing and Chengdu. Wang Yong, State Councilor and Head of the Anti-Monopoly Commission of the State Council, attended the opening ceremony and delivered a speech at the Beijing venue. Peng Qinghua, Secretary of the CPC Sichuan Provincial Committee, delivered a speech at the Chengdu venue. Alexander Cordeiro Macedo, President of the Brazilian Administrative Council for Economic Defense, Maxim Shaskolsky, Head of the Federal Antimonopoly Service of the Russian Federation, Ashok Kumar Gupta, Chairman of the Competition Commission of India, and Tembinkosi Bonakele, Commissioner of the South African Competition Commission, attended the conference virtually and delivered speeches, He Rong, Vice-president of the Supreme People's Court, delivered a speech at the Beijing venue. Zhang Gong, Minister of the State Administration for Market Regulation and Deputy Head of the Anti-Monopoly Commission of the State Council presided over the opening ceremony and briefed the Chengdu Joint Statement of the Heads of BRICS Competition Authorities.