text: always accept the jurisdiction of a foreign court on a voluntary basis or agree on dispute settlement procedures other than judicial settlement. Even more important in that respect was the tact that many States, including those mentioned above, carried out their commercial and other activities mainly throuah corporations which had leaal personality; when those activities gave rise to a dispute, they would not invoke jurisdictional immunity. That was true, for example, in the case of C'hina, whose courts had never heard arbitrary cases against another State. The principle of jurisdictional immunity did not, therefore, imply the relief of responsibilities incumbent upon a State, but merely required the court of one State not to impose its jurisdiction on another sovereign State at will. As to disputes arising out of international exchanaes, especially economic exchanaes, after summing up all the practices in that field it should be possible to elaborate practical provisions to complement and develop the principle of jurisdictional immunity of States. C'hina sincerely wished to maintain friendly relations and enter into economic exchanges I ... A/C.6/39/SR.39 Enalish Page 10 (Mr. Huanq Jiahua; China) with all countries on the basis of equality and mutual benefitJ his delegation therefore supported the codification work on the topic and hoped that it would lead to an equitable and reasonable leaal instrument with universal applicability. Despite the remaining difficulties, his delegation was convinced that, if it studied seriously all suggestions and bore in mind the common interest of the international community, the International Law Commission would steer that codification work into a new phase. 32. His deleaation welcomed the progress achieved at the 1984 session on the topics dealt with in chapters III and v of the Commission's report. It would comment on those topics when the work had proceeded further. 
analysis: The text appears to be discussing international law and diplomacy, specifically regarding jurisdictional immunity and the codification of international legal instruments. The context is related to international economic exchanges and the maintenance of friendly relations between countries. The language used is formal and diplomatic, indicating a focus on international relations rather than a specific sector or issue.