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China firmly supports African countries in their opposition to external interference and their right to select their own development paths, President Xi Jinping said on Tuesday.

China has more than 950,000 companies and entities in the sector; 37 of them are listed companies. The industry employs 1.17 million people.

China has clarified the procedures for two new courts specialized in handling international commercial disputes as well as the responsibilities of an expert panel set up to facilitate case hearings.

China completed its first test exploration in the South China Sea on July 9, which lasted 60 days. Total output exceeding 300,000 cu m and daily output surpassed 5,000 cu m.

China has a large and diversified market and Sino-US trade will make new progress on the basis of mutual benefit after the signing of the agreement, which will help the two countries and the whole world, Zou Zhiwu, vice-minister of the General Administration of Customs, said at a news conference in Beijing.