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SL a key component of Maritime Silk Road: China

28 July 2018 09:35 pm - 5     - {{hitsCtrl.values.hits}}

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Sri Lanka is a key component of the 21st Century Maritime Silk Road with Hambantota Port and Colombo Port City as the two flagship projects of the pragmatic cooperation between China and Sri Lanka under the Belt and Road Initiative (BRI), Chinese Ambassador Cheng Xueyuan said yesterday.

In a statement, he said that they believed that China-Sri Lanka economic and trade cooperation would inject new vigor to Sri Lanka’s economic and social development, enable development achievements to better benefit our two peoples, and let ordinary people get more sense of gain.

He said Sri Lanka also attaches great importance to the China International Import Expo (CIIE) and will send a high-level delegation to China.

“Sri Lanka’s black tea, rubber, gems, textiles and other featured products will come to Shanghai, exhibiting the charm of Sri Lanka to the huge Chinese market. We believe that China-Sri Lanka traditional friendship will continue to deepen on this new platform,” he said.

In November this year, China will hold the first China International Import Expo (CIIE) in Shanghai.

“This is the world’s first expo themed on import and is a major policy measure of China to further open its market to the world. In the coming 15 years, China is expected to import 24 trillion USD worth of goods. CIIE will provide new opportunities for export, build new platforms for countries to share dividends of China’s development and inject new vitality to world economic growth,” Ambassador Cheng said.

Meanwhile, he said according to the statistics released by China’s National Bureau of Statistics, China’s GDP growth rate in the first half of 2018 reached 6.8 per cent.

“The national economy sustained the momentum of steady and sound development with its inner stability and coordination strengthened, outstanding achievements in transformation and upgrading, new growth drivers thriving and the quality and performance improving steadily. This is good news for the whole world,” he said.

  Comments - 5

  • Sunil Saturday, 28 July 2018 09:48 PM

    Absolutely no benefit for the people of Sri Lanka... Chinese are bringing down their own labor force to take all the jobs! All these Chinese funded projects are only creating jobs for Chinese... this Maritime Silk Road is also purely for China’s benefit only Sri Lanka is only getting into debt for it!

    Somapala Saturday, 28 July 2018 10:02 PM

    This is the price we have to pay to protect us from the Indian Military takeover .

    Expatriate Saturday, 28 July 2018 10:35 PM

    The Chinese are talking a lot in Sri Lanka like a superpower. But here in the West where the Sri Lankans and the Chinese interact on an individual level,I am proud to say we Sri Lankans are infinitely superior to the Chinese in every aspect.Whether it is University,Research Establishment,Industry,or a Company we are visible and dominate whereas the Chinese are quite and invisible. Only in Sri Lanka they are trying to be big.The only strength the Chinese have is the number,individually they are nothing.

    Stan Sunday, 29 July 2018 10:57 AM

    This is true. Most of them don't speak English.

    Sunil Sunday, 29 July 2018 02:41 PM

    Expatriate, Have you checked China’s National average IQ (105) and Sri Lanka’s average IQ(79)!? If you did that you won’t be making stupid comments like this... We are nothing compared to the Chinese. And our politicians are getting out foxed by them.


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