The five BRICS leaders will on Thursday go on a retreat at Maropeng north-west of Johannesburg, site of a centre devoted to the Cradle of Humankind World Heritage site.
President Cyril Ramaphosa has highlighted the importance of different countries working together to advance technologies across the globe.
The Chinese government has committed over R190 billion to South Africa’s economy.
BRICS is an acronym for the grouping of the world’s leading emerging economies, namely Brazil, Russia, India, China and South Africa.
The New Development Bank which aims to bring innovations to the finance sector has spent at least $5 billion to assist emerging economies.