China and the EU both pay high attention to BIT talks. At the 22nd China-EU Leaders Meeting on June 22nd, leaders on both sides reaffirmed their commitment to conclude the negotiations within this year and agreed to maximize the efforts to forge a consensus on rules for a level playing field.
  
Following the leaders’ requirements, the negotiating teams held two rounds in late June and July. At Round 31 just concluded last week, major progress was made on text issues of rules for a level playing field. This fully reflects the broad consensus between China and the EU on creating a level playing field for businesses and protecting the equal status and lawful rights and interests of foreign-invested enterprises.
  
Moving forward, the two sides will continue to accelerate the talks and hold consultations on outstanding text issues and market access issues with a view to meeting the target by the end of the year and delivering benefits to businesses and investors from both sides as soon as possible. Thank you.

Full Text of Press Conference