The main objectives of Sri Lanka-China Business Council are creating a platform for Chinese businessmen and investors based in Zhejiang Province to identify the opportunities available in Sri Lanka, encouraging Zhejiang Provincial Investors to invest in Sri Lanka,  providing necessary business and investment information and guidance to relevant Chinese companies / interested parties, creating a market for Sri Lankan exports as well as organizing cultural and business events to promote Sri Lankan Investment, exports and tourism.

Dr. Sarath Amunugama, Minister for Special Assignments and Dr. Karunasena Kodituwakku, the Ambassador for Sri Lanka in China participated at the opening ceremony.

Sinogold Auto Group Co. Ltd based in Hangzhou city together with the Sri Lanka China Business Council signed a MoU to establish its assembling plant in Sri Lanka on this occasion.

The event was actively supported by the Sri Lankan student community.