- On July 16, 2015
A Delegation from the Guangdon Province in China visited the Ceylon Chamber of Commerce on the 3rd of July 2015 to meet members of the Sri Lanka – China Business Council. The Delegation was headed by Mr. Guo Yuanqiang, Director General of the Department of Commerce of Guangdong Province in China. He was accompanied by fellow colleagues from his department as well as representatives from companies based in the Guangdong Province. Mr. Navindra Abeyesekera, President of the Sri Lanka – China Business Council, committee members and representatives from member companies of the Sri Lanka – China Business Council were present at this meeting.
The meeting commenced with the Welcome address by Mr. Navindra Abeyesekera. After a brief introduction of Sri Lanka, Mr. Abeyesekera mentioned that joint venture manufacturing in Sri Lanka might be an ideal solution for Chinese companies whose production costs within China have been increasing. He also highlighted that this direct interaction between representatives of Companies based in the Guangdong province and Sri Lankan companies interested in collaborating with these businesses can help Sri Lankan companies who are unable to find the right partner by online searches only. Speaking about the role that the Sri Lanka – China Business Council can play in this match making process, Mr. Abeyesekera mentioned the website of the Council as well as the biannual newsletter which could be sent to Chinese companies as both hard and soft copies.
Mr. Abeyesekara’s address was followed by the address by the leader of the Delegation, Mr. Guo Yuanqiang. Mr. Yuanqiang gave a thorough introduction of the Guangdong Province, highlighting its importance in China. He added that the province has gone through more than 35 years of rapid economic development and was ready to open up even more to further international investments due to its increasing demand for more industries as its population increases. Mr. Yuanqiang assured the gathering that the Department of Commerce of Guangdong Province was willing to support all interested in developing ties with the Guangdong Province.
Following this, participants were given the opportunity to briefly introduce the company they represent and briefly describe what sort of partnership they wish to forge with Companies in Guangdong Province. The Delegation also introduced themselves and briefly described the opportunities that they are able to offer Sri Lankan companies. This interaction gave all those present an overview of the many possible economic collaboration opportunities between Sri Lanka and the Guangdong Province of China.
The highlight of this meeting was the signing of the Memorandum of Understanding on strengthening economic, trade and investment cooperation between Sri Lanka and the Guangdong Province in China. The MoU was signed by Mr. Guo Yuanqiang on behalf the Department of Commerce of Guangdong Province in China and by Mr. Navindra Abeyesekera on behalf of the Sri Lanka – China Business Council. After the signing of the MoU, tokens of appreciation were also exchanged. The meeting concluded with a valuable networking session.