Sri Lanka, March 16 -- Sri Lanka's investment climate has improved under the present Government, but still requires significant elevation in policy consistency, bureaucratic efficiency and speedy approval of proposals to boost investor confidence, Chinese Ambassador to Sri Lanka Qi Zhenhong said.Sri Lanka business

He said Sri Lanka needs One-Stop Shops (OSS) for investment and should fast track the approval process for investment proposals.

He highlighted the mechanisms adopted in this regards at Shanghai and added foreign investors does not even have to visit China to get their investment proposals approved, but can do the process online speedily and efficiently.

He was talking to Journalists and members from several Think Tanks to br...