Hunan leads the way into Latin America

With abundant resources, a growing economy and an increasingly stable political environment, the Latin American region has become a new market for enterprises from Hunan province.

According to data from the China Council for the Promotion of International Trade's Hunan branch, the province's import and export volume to Latin America in 2013 reached $2.17 billion, up 11.3 percent from 2012.

A number of local enterprises in Hunan have invested in South America, including renowned railway equipment manufacturer CSR and building machinery maker Zoomlion.