It was reported that 2016 Hunan-Africa International Industrial Cooperation Conference & Business Cross-border Networking Event which was jointly sponsored by Hunan Government and Bank of China was held in Changsha recently. 12 enterprises of Chenzhou city attended the event, 7 of which signed intent protocols with African enterprises.

12 enterprises are mainly on non-ferrous, forging, electronics processing, and other industries. Hunan Xiangjiang Tools Manufacturing Company which is from Jiahe county is the biggest private enterprises of Hunan hardware manufacturing industry. It signed the intent protocol with a Zambia company. Both two parties would discuss more details with Zambia company after the conference and would try best to carry out the cooperation sooner.

Furthermore, 6 more companies as Chenzhou Africa-Aid Agricultural Machinery Manufacturing Co., Chenzhou Taizhi Plastic Co., Ltd., Gospel Digital Tech. Co., Ltd., Hunan Jinwang Bismuth Co., Ltd., Hunan Nongfu Electromechanical Co., Ltd., and Hunan Yuteng Non-ferrous Metal signed the intent protocols with African companies.