Chinese biz delegations visit Lanka

The Sri Lanka-China Business Council (SLCHBC) facilitated business meetings and networking sessions with visiting delegations from the provinces of Liaoning and Yunnan of the People's Republic of China recently.

These were the last two in a series of five Chinese business delegations visiting Sri Lanka.

There were four representatives in the Liaoning Provincial Bureau of Foreign Trade and Economic Cooperation. The officials expressed an interest in learning about Sri Lanka, especially the industries and businesses presenting investment potential.

To further the goal of fortifying economic cooperation and trade between Sri Lanka and Liaoning, the delegation signed a Memorandum of Understanding with the SLCHBC.

The Yunnan delegation was large and varied, with representatives from 21 organisations, such as Yunnan Provincial General Chamber of Commerce (YPGCC), Yunnan Wan Xinglong Biological Technology Group Co. Ltd., Nanfang Education Investment Group and Kunming Reunion Business Co. Ltd.

The business and networking session attracted around 70 participants, including officials from the Board of Investment of Sri Lanka and the Sri Lanka Exports Development Board. The visit was to promote trade and economic cooperation between Yunnan Province and Sri Lanka and to discuss the upcoming 'China-South Asia Expo' in Kunming, China, from June 12-16.

The Yunnan representatives focused on cooperation particularly in the fields of education, construction, agricultural products and medical instruments.

The Liaoning and Yunnan delegations were keen to link their respective websites with that of the SLCHBC. This will enhance access to information on the business climate and investment opportunities in Sri Lanka and China, hopefully facilitating further collaborative growth in the future.