Editor’s Note: Recently, Hunan News Network reported the official issuance of the Three‑Year Action Plan for Hunan’s Economic and Trade Cooperation with Africa. As a representative Hunan‑based enterprise with deep‑rooted operations in Africa, Mainland Group was interviewed. It shared insights on pain‑points for overseas real‑economy enterprises and talked about how the policy empowers industrial cooperation between Hunan and Africa.

Source: Hunan TV News Network

Hunan has rolled out new initiatives to boost economic and trade ties with Africa. Recently, the ThreeYear Action Plan for HunanAfrica Economic and Trade Cooperation (20262028) has been officially released and implemented. It defines the province’s development goals for Africaoriented economic and trade cooperation by 2028, and formulates differentiated overseas expansion paths in Africa for Hunan’s competitive industries.

As a growing number of Hunanbased enterprises set up industrial operations in Africa, overseas agriculturalprocessing enterprises are generally confronted with practical challenges such as heavy capital pressure for seasonal rawmaterial procurement and difficulties in securing overseas financing.

The action plan encourages financial institutions to develop innovative supply‑chain‑finance products, promote collaboration between Chinese and foreign banks, expand corporate financing channels, and accommodate the real‑world operational needs of the agricultural‑product sector.

Zhu Chen, Chairman of Mainland Group: “More financial institutions are supporting enterprises to explore this market. Financial capital can be injected into frontend warehouses. Once goods produced by enterprises are stored in warehouses in Africa, they can be converted into working capital, lifting corporate capital turnover rate by at least three to four times.”

At present, HunanAfrica cooperation has evolved from traditional importexport trade of goods into allround, indepth industrial collaboration. Multiple integrated productiontrade projects and industrialpark initiatives are being steadily advanced, helping Africa strengthen its local processing capacity and deliver mutual benefits.

Seizing the opportunities brought by the new policy, Mainland Group will continue to root itself in the African market, steadily push forward its overseas industrial layout and contribute to Hunanbased enterprises’efforts in Africa.