BEIJING -- With joint efforts from both parties, China-EU investment agreement negotiations have recently made major progress with promising prospects, a Chinese Foreign Ministry spokesperson said Tuesday.

Spokesperson Wang Wenbin made the remarks at a press briefing in response to a query about the latest development of the negotiations.

"I hope that the agreement can be reached as soon as possible to provide a solid institutional framework for China-EU economic and trade cooperation and bring tangible benefits to the enterprises and peoples on both sides," said Wang.

International Fastener Show China 2021 will be held on November 14-16, 2021 in Shanghai World Expo Exhibition and Convention Center.