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Ambassadors: China's decisions influence world

China Daily | Updated: 2017-03-04 08:21

Karunasena Kodituwakku, Sri Lanka's ambassador

Ambassadors: China's decisions influence world

[Photo/China Daily]

Sri Lankan Ambassador to China Karunasena Kodituwakku said he is interested in discussions at the two sessions on China's international role.

"The volume of China's international trade and foreign direct investment in other countries is becoming a critical factor for many countries," Kodituwakku said.

He added that China is likely to become the most important development partner of many emerging countries in Asia, Africa and Europe in 2017.

"The Chinese government's encouragement of its entrepreneurs to go global should lead to an expansion in Chinese foreign investment in Asia, Africa and Europe," he said, adding that banks such as the Asian Infrastructure Investment Bank and the Export-Import Bank of China will continue to finance projects in various countries.

Kodituwakku said that the most important challenge facing the Chinese government in 2017 is to sustain the country's economic growth in a time when large economies, such as the United States, are turning to "more inward-looking trade and investment policies", which may have a negative effect on China's trade with these countries.

However, the Sri Lankan ambassador expressed optimism over China's ability to reach its economic growth goal for this year, pointing out that its Belt and Road Initiative has attracted the participation of a number of economies.

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