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A total of 24 rounds of investment treaty talks have been held since negotiations started in 2008 as both countries sought to increase mutual investment.

BEIJING, July 7 (Xinhua) -- China and Iran have pledged to cooperate to promote the implementation of a comprehensive agreement on Iranian nuclear issue.

The Belt and Road Initiative, proposed by China in 2013, refers to the Silk Road Economic Belt that links China with Europe through Central and Western Asia by inland routes, and the 21st-Century Maritime Silk Road connecting China with other Asian countries, Africa and Europe by sea routes. It is a development strategy and framework that focuses on inter-connectivity and cooperation among countries primarily in Eurasia.

We also need to further streamline administration, delegate power, strengthen regulation and improve services. We need to transform government functions more rapidly, improve efficiency, and ensure a level-playing field for all players and a pro-innovation institutional environment. We need to give priority to "simplicity" by taking away undue government powers and delegating them directly to the market and society wherever possible. At the same time, we need to strengthen and innovate in market oversight, explore inclusive and effective prudential regulation, and guide and support the healthy development of new business forms and models. For those players that follow the right direction but have encountered problems, we need to give them prompt guidance, fix the problems and remove potential risks. We need to give them reasonable space for development instead of rejecting them outright. As for those conducting illegal operations or fraud in the name of innovation, we will punish them to the full extent of the law. We need to strictly protect intellectual property rights. We also need to promote the "Internet plus government services" model, and set up an open platform of government public services, so that government data could be shared as much as possible. This will make it easier for individuals and companies to get things done and start up businesses, and it will enhance government efficiency.

"Would anybody go into a football match where the rival team has conspired with the referee? " the article read. The answer is NO, it added, "The fans and audience would not accept it."