Zheng Quan Ri Bao Wang·2025-06-09 13:21Group 1: Overview of the Event - The Fourth China-Africa Economic and Trade Expo will be held in Changsha, Hunan Province from June 12 to June 15, with the theme "China-Africa Common Action, Dreaming of Modernization" [1] - The expo is a significant platform for economic and trade exchanges between China and African countries, co-hosted by the Hunan Provincial Government and the Ministry of Commerce [1] Group 2: Industry Insights - The engineering machinery industry is a prominent sector for Hunan companies in Africa, contributing significantly to infrastructure projects [2] - Sany Heavy Industry achieved a sales revenue of 5.35 billion yuan in Africa in 2024, marking a 44.02% year-on-year increase [2] - Sany Heavy Industry has tailored products for African geological and climatic conditions, gaining positive feedback from multiple African countries [2] - Zoomlion's agricultural machinery exports cover major African countries, providing high-quality agricultural equipment suitable for local conditions [2] - The company has maintained a leading market share in Africa due to its cost-effective products and localized services [2] Group 3: Trade Growth - Hunan Province's total import and export volume with Africa reached 16.66 billion yuan from January to April 2025, with exports of 8.65 billion yuan, a 6.3% increase year-on-year [4] - Changsha's import and export volume with Africa was 8.88 billion yuan, showing a remarkable 74.2% year-on-year growth [4] - Various regions in Hunan have experienced significant growth in trade with Africa, with some areas seeing increases of over 600% [4] Group 4: New Business Opportunities - The collaboration between Chinese engineering machinery companies and African infrastructure projects has improved logistics and reduced costs, facilitating trade [4] - New business models, such as direct sourcing of African coffee, have emerged due to improved logistics and infrastructure [5] - Companies like Xiangjia Co. are exploring opportunities in Mozambique, focusing on breeding, processing, and cold chain technology [6]