Core Insights - The report titled "Drawing a New Picture of Modernization - The Hunan Practice and Exploration of China-Africa Economic and Trade Cooperation" was released at the "Global South" media think tank forum, highlighting the achievements of China-Africa economic and trade cooperation and showcasing the effectiveness of the deep cooperation pilot zone [1][2] Group 1: Economic Performance - Hunan Province's import and export to Africa reached 44.52 billion yuan in the first three quarters of 2025, marking a year-on-year increase of 19.4%, with exports at 21.21 billion yuan (up 8.3%) and imports at 23.31 billion yuan (up 31.7%) [1] - The province has initiated a new type of barter trade pilot with a cumulative transaction amount of 204 million yuan by the end of October, ranking first in the country [2] Group 2: Innovations and Initiatives - Hunan has pioneered the "Pre-assessment System for African Food Imports to China," which has been recorded by the General Administration of Customs, facilitating the entry of various African agricultural products into China [1] - The province has also innovated a model combining "overseas warehouses + FTN accounts + local currency settlement," successfully completing trade settlements worth 35 million USD with Nigeria [2] Group 3: Market Expansion - The "African Good Products" brand initiative has successfully introduced over 120 African brand products into Chinese markets, with significant promotional events such as the "African Good Products" online shopping season showcasing over 200 products [2] - The establishment of the "Chieftain Wharf," an offline experience center for African themes, in Changsha further supports the market expansion of African products in China [2] Group 4: Strategic Recommendations - The report suggests enhancing cooperation mechanisms, deepening capacity cooperation, innovating financial services, and strengthening digital empowerment to elevate the level of cooperation between China and Africa [2]