Xinhua News Agency reported that the 2026 BRICS Partnership on New Industrial Revolution Forum was held in Xiamen, Fujian Province, on May 27–28. Beijing used the event to showcase the country’s industrial capabilities, claiming that the combined value of China’s intelligent manufacturing equipment, industrial software, and related solutions industries has surpassed 4.5 trillion yuan (US$630 billion).
China established the BRICS Partnership on New Industrial Revolution Innovation Center in Xiamen in 2020. Since then, the platform has facilitated 138 cooperation projects with total investment exceeding 62 billion yuan (US$8.6 billion).
The forum highlighted growing industrial and technology cooperation among BRICS countries. Indonesia promoted its “Making Indonesia 4.0” strategy focused on smart manufacturing, digital transformation, and green industry, while Chinese battery giant CATL showcased its nearly US$6 billion battery supply-chain project in Indonesia. Brazil’s Trade and Investment Promotion Agency became the first foreign government institution to establish a presence at Xiamen’s BRICS Overseas Expansion Service Center, creating a channel for Chinese companies seeking opportunities in Brazil.
Officials from Durban, South Africa, presented a five-year artificial intelligence strategy covering public services, infrastructure, tourism, and security, while Ethiopia promoted investment opportunities in its 29 industrial parks, many of which were built by Chinese companies.
Source: Xinhua, May 29, 2026
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