(VIDEO) China always stood-by the Sri Lankan Government; Weerawansa

COLOMBO (News 1st); A Sri Lankan Minister has said that China always stood by the Sri Lankan Government.

Minister Wimal Weerawansa addressing the Sri Lankan Parliament on the day the Colombo Port City Economic Commission Bill was passed on Thursday (20) slammed the opposition for always creating a fear psychosis on China's presence in Sri Lanka.

"Not only China, but companies in the US, India or any other country will also be attracted to the Colombo Port City," he said.

Sri Lanka's economy will heal when the Port City thrives, he said adding the Colombo Port City is a part of sovereign Sri Lanka and it will not threaten the country's sovereignty.

There will no local government body and no local government elections in Colombo Port City, because it is a financial city with local and international residents.