header logo
Mogo Academy
Latest
China re-affirms support for Sri Lanka’s post-COVID-19 economic revival
Apr 30, 202012:08 AM
China re-affirms support for Sri Lanka’s post-COVID-19 economic revival
Mobitel Inner

The Chinese government has re-affirmed its support to the Sri Lankan government to revive the economic in the post-COVID–19 period, the President’s Media Division said.

 

“Sri Lanka is a special friend of China.  We have long standing and cordial relations between the two countries.  When we faced COVID- 19 disaster recently, Sri Lanka stood with us. China is willing to return that goodwill in the form of fullest cooperation to revive Sri Lanka’s economy in the post-COVID – 19 period”, the Acting Ambassador and  Chargé d’affaires of the Chinese Embassy in Colombo Hu Wei said, during a meeting with President Gotabaya Rajapaksa at the Presidential Secretariat on Wednesday (29).

 

Exchanging pleasantries with President Rajapaka, the Acting Ambassador who paid a courtesy call on the President quoting a Chinese saying said that “true friendship is to stick together in sorrow and happiness”. 

 

He said his country and the people are grateful to Sri Lanka for being a friend in both good and bad times. Mr. Wei emphasized that China expects to assist Sri Lanka to overcome its future challenges. 

 

Sri Lanka will receive help not only from the Central Government of China but also from the country’s leading companies and banks to rebuild its economy in the post – COVID -19 period.

 

Recalling the assistance extended by China to Sri Lanka from the time of Rubber-Rice Pact President Rajapaksa said China stood with Sri Lanka during the armed conflict and the post-conflict development drive, the PMD reported.

 

COVID – 19 pandemic has adversely impacted not only the global economy but also Sri Lanka, President Rajapaksa noted. The sharp drop in foreign exchange earnings has posed an enormous challenge before the country, the President added.

 

Due to the nosedive plunge of global economy we have lost the income generated by apparel industry and tourism. It might take a considerable amount of time for the global economy to recover. As such, Sri Lanka has planned to adopt  a new development model to create a production economy said the President while adding that he hopes to receive the positive responses and goodwill of friendly nations to make it a success.

 

“Our expectation is not just limited to receiving loans and financial grants.  One of our prime objectives is to attract foreign investments which can positively contribute to the increase in production.  There are ample opportunities for foreign investments in various sectors including agriculture based production and in the construction field.  I invite China and other countries to make use of those opportunities”, the President said.

 

Replying to a query by the Acting Ambassador on the progress of current COVID–19 prevention activities President Rajapaksa said the spread of the virus is under control in general.  President explained the reasons for the sudden spike in infections during the last few days and said remedial steps have been taken immediately.

 

-PMD

 

 

 

MostRead
Mobitel Upahara
VideoStories
Farmers struggle continues as paddy prices plummet; PMB buys over 1 million kg of ‘Yala’ paddy

Farmers struggle continues as paddy prices plummet; PMB buys over 1 million kg of ‘Yala’ paddy

“Final salute to a dedicated officer ”Former IGP Wickramaratne laid to rest with full police honours

“Final salute to a dedicated officer ”Former IGP Wickramaratne laid to rest with full police honours

 Dengue situation worsening in Sri Lanka; Caseload surpasses 76,000 with 162 MOH areas at high risk

Dengue situation worsening in Sri Lanka; Caseload surpasses 76,000 with 162 MOH areas at high risk

 12 years at the heart of every breaking story Ada Derana News Channel marks another milestone

12 years at the heart of every breaking story Ada Derana News Channel marks another milestone

“Sri Lanka reclassified as Upper-Middle Income economy” What are the benefits for the people?

“Sri Lanka reclassified as Upper-Middle Income economy” What are the benefits for the people?

Former Presidents, politicians pay last respects to ex-Police Chief; Final rites tomorrow in Borella

Former Presidents, politicians pay last respects to ex-Police Chief; Final rites tomorrow in Borella

Women account for most dengue fatalities in 2026; PHIs take legal action against 10,000 individuals

Women account for most dengue fatalities in 2026; PHIs take legal action against 10,000 individuals

“Many have lost faith and trust in God” Cardinal says modern society prefers football over religion

“Many have lost faith and trust in God” Cardinal says modern society prefers football over religion

Govt has belittled and ridiculed country's farmers - MP Dilith Jayaweera

Govt has belittled and ridiculed country's farmers - MP Dilith Jayaweera

Who supplied fake QR stickers found on liquor bottles? MP Harsha de Silva questions

Who supplied fake QR stickers found on liquor bottles? MP Harsha de Silva questions

Farmers raise concerns over unopened govt paddy warehouses

Farmers raise concerns over unopened govt paddy warehouses

Over 1,500 fatalities reported from road accidents so far this year - Sri Lanka Police

Over 1,500 fatalities reported from road accidents so far this year - Sri Lanka Police

Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence

Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence

Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21

Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21

“Democracy must be defended from elected leaders” - Former BASL President

“Democracy must be defended from elected leaders” - Former BASL President

Lassana Flora