The Government of the People's Republic of China and the Government of the Kingdom of Belgium, on behalf of the Government of the Grand Duchy of Luxembourg based on the Convention pertinent to the creation of Belgian Luxembourg Economic Union, and in its own name.

Desiring to develop economic cooperation between the two Contracting Parties, especially to create favourable conditions for investment by nationals of one Contracting Party in the territory of the other Contracting Party,

Recognising that the conclusion of an agreement on the encouragement and protection of such investments on the basis of equality and mutual benefit will stimulate the initiative of investors so as to contribute to the increase of prosperity in both States,

Have agreed as follows;