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Both sides agreed that they highly value the China-DPRK traditional friendship, and that the exchanges and cooperation between the two parties should continue to be strengthened.

The Silk Road Economic Belt, part of Chinese President Xi Jinping's Belt and Road Initiative, aims to link China and Europe through Central and Western Asia by inland routes.

According to international law, each country has the right to choose on its own will the means of dispute settlement.

The country has to invest in a fast and efficient transportation network to reduce logistic cost for companies and to encourage fine competition and innovation, especially for the small and medium-sized companies, he added.

Previously, delistings were mostly for failure to meet requirements on profitability. The tougher regime is in answer to persistent calls for an effective delisting mechanism, crucial if the approval-based IPO system is to become registration-based and vital to restoring the stock market's credibility.