China pledges full support for Sri Lanka’s debt restructuring and economic stability

The Ambassador of the People’s Republic of China to Sri Lanka, Qi Zhenhong met with President Anura Kumara Dissanayake today (02) at the Presidential Secretariat in Colombo.

The Ambassador extended his heartfelt congratulations to the President on his recent election victory and expressed China’s continued commitment to supporting Sri Lanka in its future endeavours, the President’s Media Division (PMD) said.

Ambassador Qi reaffirmed the Chinese government’s continued commitment to enhancing bilateral relations with Sri Lanka, emphasizing the significance of on-going collaborative projects. 

He highlighted the active engagement of the China Development Bank (CDB) and EXIM Bank in supporting Sri Lanka’s development initiatives, the statement said. 

Moreover, Ambassador Qi had assured that both institutions, as key commercial and bilateral creditors, will provide comprehensive assistance in the debt restructuring process, underscoring China’s dedication to supporting Sri Lanka’s economic stability and growth.

--PMD