Chinese biz delegation in town

Indunil Hewage

The Vice Governor of Yunnan Province, China will head a delegation to Sri Lanka on March 28 to promote China-South Asian Expo in Kunming City to be held from June 6-10, 2013. Wang Yingqi, Commercial Counsellor of the Embassy of China in Sri Lanka.

Thilak Godamanna, Senior Deputy President, National Chamber of Commerce presenting a token of appreciation to Wang Yingqi, Commercial Counsellor Embassy of People’s Republic of China. Picture by Sumanachandra Ariyawansa

He said so addressing a seminar on 'bilateral trade with China' organized by the National Chamber of Commerce of Sri Lanka.

"A large number of Sri Lankan companies participated in the China-South Asian Expo in Kunming City in the previous years. This Expo was called the China-South Asian Commodity Exhibition before.

The commodity fair will be upgraded to an Expo from this year. There will be a lot of opportunities for Sri Lankan exhibitors and manufactures to exhibit their products and services in this year's China-South Asian Expo," Wang Yingqi said.

Yingqi said that the delegation was also interested in organizing a promotion seminar with the National Chamber and other chambers in this regard.

Yingqi said, "More Chinese enterprises are interested in investing in Sri Lanka.

Sri Lanka is the best country to invest among South Asian countries or even a better location than some of the ASEAN countries.

Sri Lanka is a new destination of investment, the private sectors had performed very well last year and shows a strong motive and potential for futher development. In the past year, I had discussions with many officials from local government departments and reached same understanding that, the future of bilateral economic cooperation lies on industrial and manufacture sector, which could attract a great deal of Chinese investment together with technology, machinery and management."