On August 16, 2024, the 8th Meeting of BRICS Ministers of Industry was held in Nizhny Novgorod, Russia. The theme of the conference is "Strengthening multilateralism for Equitable Global Development and Security". Vice Minister of Industry and Information Technology Xin Guobin led a delegation to attend the meeting and delivered a speech. Xin Guobin said that as an important emerging market in the world, the expanded BRICS countries will surely play a more important role in maintaining the global economic order and the security and stability of the industrial chain and supply chain. The new round of technological revolution and industrial transformation has brought new opportunities for industrial transformation and upgrading in all countries. China is ready to work with our BRICS partners to deepen practical cooperation, seize opportunities, meet ...

Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates were invited to become new BRICS members. The decision was announced at a special news conference during the 15th BRICS Summit in Johannesburg, South Africa. The membership takes effect on Jan 1,2024. Speaking at the news conference, Xi said the expansion of the grouping — whose current members are Brazil, Russia, India, China and South Africa — speaks volumes for BRICS' resolve to bolster solidarity and cooperation with other developing nations. The expansion marks a new starting point for BRICS cooperation, Xi said, adding that it will inject new vitality into the mechanism of BRICS cooperation and further strengthen the forces of global peace and development.the expansion of the group will enhance the representation of BRICS in the Middle East and&...