The BRICS Conference of Industry Ministers was established in 2015 as a regular exchange mechanism between the industrial authorities of the BRICS countries. The industrial counterparts of BRICS countries are the Brazilian Ministry of Economy, the Russian Ministry of Industry and Trade, the Indian Ministry of Commerce and Industry, and the South African Ministry of Trade, Industry, and Competition. The BRICS Industry Ministers' Meeting is generally held every 1-2 years, and as of 2023, 7 Industry Ministers' Meetings have been held, mainly discussing the focus areas of industrial cooperation of concern to all parties, and deliberating and adopting the Declaration of the BRICS Industry Ministers' Meeting.

On October 20, 2015, the first BRICS Conference of Industry Ministers was held in Moss, Russia. The theme of the meeting is "BRICS Industrial Cooperation: New Opportunities for Growth". The BRICS Ministerial Declaration on Industry was adopted to promote cooperation among BRICS countries in areas such as investment, modern equipment and new technologies, mineral resources, pharmaceutical industry, research and development innovation, and communication technology.

On July 29, 2017, the Second BRICS Conference of Industry Ministers was held in Hangzhou. The theme of the meeting is "Opportunities and Challenges for the Development of Manufacturing Industry in the Context of the New Industrial Revolution". The Action Plan for Deepening Industrial Cooperation among BRICS Countries was adopted, encouraging BRICS countries to carry out cooperation in areas such as production capacity, industrial policy coordination, new industrial infrastructure, technology development and innovation, small and medium-sized enterprises, and standards.

On July 4, 2018, the Third BRICS Conference of Industry Ministers was held in Maghresburg, Northwest Province of South Africa, with Vice Minister Xin Xin Guobin leading a delegation to attend. The theme of the conference is "Strengthening Economic Partnership, Promoting Inclusive Growth, and Promoting the Digital Industrial Revolution". The meeting approved the initiative jointly submitted by me and South Africa to establish the "New Industrial Revolution Partnership" among the BRICS countries, focusing on five key areas: digitization, industrialization, innovation, inclusiveness, and investment, to promote the BRICS countries to seize the important opportunities of the New Industrial Revolution and achieve common development.

On August 24, 2020, the Fourth BRICS Conference of Industry Ministers was held via video. The theme of this meeting is the prospects, measures, and priorities for strengthening cooperation among BRICS countries and promoting industrial development in the context of the New Industrial Revolution. The meeting passed the Joint Statement on Strengthening Cooperation in the Field of the New Industrial Revolution, emphasizing that BRICS countries should unite more closely, carry forward the spirit of BRICS, deepen BRICS cooperation, seize development opportunities, jointly face challenges, and promote sustainable economic and social development.

In August 2021, the 5th BRICS Conference of Industry Ministers was held via video and adopted the Joint Declaration of the 5th BRICS Conference of Industry Ministers. All parties welcomed China's establishment of an innovation base for the BRICS New Industrial Revolution Partnership and reached consensus on initiatives such as the BRICS Industrial Capacity Center and BRICS start-ups cooperation, A new situation has emerged where multiple parties have jointly promoted the implementation of the New Industrial Revolution partnership.

On May 23, 2022, the 6th BRICS Industry Ministers' Meeting was held in Xiamen, Fujian Province in video format. The theme of the conference is "Deepening Innovation Cooperation in the Field of the New Industrial Revolution, Promoting Stronger, Healthy, and Resilient Sustainable Development". The meeting reviewed and approved the Joint Declaration of the 6th BRICS Conference of Industry Ministers, emphasizing industrial chain supply chain cooperation, fully utilizing mechanisms such as BRICS innovation bases and industrial capacity centers, building a BRICS industrial cooperation network, promoting the free flow of funds, goods, personnel, technology, and services, deeply exploring the development experiences of BRICS countries, strengthening sharing and exchange, and jointly creating an open, fair, and just development environment.

On August 7, 2023, the 7th BRICS Industry Ministers' Meeting was held via video. The theme of the conference is "Promoting the Transformation and Upgrading of the Manufacturing Industry, Establishing a Sustainable Industrial Chain Supply Chain". The meeting passed the Joint Declaration of the 7th BRICS Conference of Industry Ministers, which reached important consensus on topics such as digital transformation, cooperation with small and medium-sized enterprises, and enhancing the resilience of industrial and supply chains in BRICS countries. It further clarified the goals and visions of policy exchange, talent cultivation, project development, and other areas of cooperation, and appreciated the work carried out by the Xiamen Innovation Base of the BRICS New Industrial Revolution Partnership, Welcome the Chinese side to continue hosting a series of activities such as the BRICS New Industrial Revolution Partnership Forum, competitions, and exhibitions.