The visit is the first one to China by President Dissanayake since his taking office, and is of great significance to the development of China-Sri Lanka relations. Dissanayake and his new government,

China will continue to play a "positive role" in the International Monetary Fund and maintain friendly communication with other creditors, in assisting Sri Lanka to achieve financial relief and debt sustainability,

Sinopec, China's state-owned and largest oil refiner, signed an agreement with Sri Lanka's energy ministry to invest $3.7 billion in a state-of-the-art oil refinery with a capacity of 200,000 barrels, Dissanayake's office announced Thursday.

Sri Lanka’s Marxist-leaning President Anura Kumara Dissanayake has held talks with Chinese leader Xi Jinping, one month after visiting India on his first overseas trip since winning election in September.

BEIJING (Reuters) -China and Sri Lanka agreed on more investment and economic cooperation on Wednesday as China's President Xi Jinping met recently-elected Sri Lankan President Anura Kumara Dissanayake in Beijing.

Sri Lanka and China have agreed to work towards the early conclusion of a comprehensive Free Trade Agreement (FTA) in “one package” in line with the principles of equality, mutual benefit and win-win