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In 2012, the total volume of China-Africa trade reached $198.49 billion.
The meeting on Tuesday was presided over by Chinese President Xi Jinping.
The CRA was announced during the fifth BRICS Summit in Durban earlier in March this year.
The proposal has already been approved by the Chinese Cabinet or State Council in July.
The Foreign Minister also urged an early convening of the Geneva 2 conference on Syria.
China is on track to meet the 2013 growth target of 7.5 percent, a government spokesman said.
China has a major stake in oil industries in both Sudan and South Sudan.
The HSBC Flash PMI rose to a four-month high of 50.1, from 47. 7 in July.
Germany, among other countries, had opposed the Commission’s tariff plan in the recent solar panel dispute with China.
Official figures released in February this year says China's pension system had covered 484 million people as of 2012.