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China mainly imports commodities from Africa like oil and minerals, while it exports a wide variety of consumer and capital goods.

China remains firmly committed and determined to conclude the COC consultations at an early date, Li said, adding that China will positively consider convening face-to-face consultations in China, as soon as the COVID-19 situation allows, to advance the second reading of the COC.

China released a three-step roadmap last July with the goal of making the nation a global leader in AI technology by 2030. The city is currently planning to set up an AI fund containing more than 100 billion yuan as well as 10 public platforms for AI innovation, six demonstration zones and 60 AI applications.

China said in December it would suspend additional 25 percent tariffs on US-made vehicles and auto parts for three months, following a truce in a trade dispute between the world's two largest economies.

China will continue to optimize its business environment, actively expand imports, expand foreign investment and contribute to the stability of the world economy, he said, adding China’s opening-up policy will not change, its adherence to the concept of peaceful development and win-win cooperation will not change and the country’s efforts to promote a community with a shared future for mankind will not change.