The Government of the People's Republic of China and the Government of the Argentine Republic:

hereinafter referred to as the Contracting Parties:

Desiring to intensify economic cooperation between both countries:

Aiming at creating favourable conditions for investments by investors of one Contracting Party in the territory of the other Contracting Party based on the principles of mutual respect for sovereignty, equality, and mutual benefit:

Recognizing that the promotion and protection of such investments through an agreement stimulates business initiatives in this field.

Have agreed as follows: