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China and South Korea have agreed to accelerate the formulation of the joint plan for bilateral economic cooperation (2021 to 2025) and push for the timely signing of the Regional Comprehensive Economic Partnership agreement to jointly promote an open global economy, the Ministry of Commerce said on Monday.

China National Aviation Fuel Group Ltd, the country's largest aviation fuel supplier by sales revenue, plans to invest in equipment manufacturing and innovation in BRI economies over the next several years to expand its global presence.

China Shenhua, the country's largest coal miner, reported net profits of 45 billion yuan, up more than 98 percent from a year ago, citing high coal prices thanks to the capacity cuts.

China achieved faster than expected first-half economic growth of 6.9 percent, with deepening structural rebalancing reform to transfer the traditional investment-led development pattern into consumption-driven, and the service sector showed stronger growth momentum.

China and Gambia should step up communication and coordination to implement the major consensus between leaders of the two countries and the results from the Forum on China-Africa Cooperation (FOCAC) Beijing Summit, Wang said.