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China will take further steps to stabilize foreign trade and investment through expanded opening-up, and advance trials for innovative development of trade in services.

China will impose anti-dumping duties on phenol imported from the United States, the European Union, South Korea, Japan and Thailand starting on Sept 6, the Ministry of Commerce said on Tuesday.

China will work with the African Union in developing the China-Africa cooperation plan, and China will encourage its domestic companies to participate in infrastructure construction in Africa, he said.

China's VR industry is expected to be valued at 54.45 billion yuan by 2021, with a compound annual growth rate of 95.2 percent, according to data from the China Center for Information Industry Development, a research institute affiliated with the ministry.

China will deepen mutual political trust with Gambia, consolidate cooperation and expand civil exchanges, Wang said. China is Gambia's top trading partner, the Foreign Ministry said.