Beijing, July 27, IRNA - Spokesman for Foreign Ministry of China Ma Zhaoxu said Wednesday that his country's economic cooperation with Iran, particularly in the field of energy, was transparent and based on regulations.Exclusively speaking to IRNA, Ma Zhaoxu said that recent trade exchange between Beijing and Tehran was significant. 

He added, so far, there has been no violation of regulations in bilateral economic relations between the two capitals. 

Iran-China good economic cooperation would damage no other world state, he said. 

As for the future of relations between the two countries, the Chinese official said the two would continue cooperation in different areas, especially in the fields of oil and gas. 

Iran's Ambassador to China Mehdi Ghazanfari said Tuesday that 40-billion-dollar worth of trade exchange was expected for the future of Iran-China economic ties. 

© IRNA 2011