The People's Republic of China and the Republic of Tunisia (hereinafter referred to as the Contracting Parties). Intending to create favourable conditions for investments by investors of one Contracting Party in the territory of the other Contracting Party; Recognizing that the reciprocal promotion and protection of such investments will be conducive to stimulating business initiative of the investors and will increase prosperity in both States; Desiring to intensify the economic co-operation of both States on the basis of equality and mutual benefits; Have agreed as follows;