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He said he remembered clearly his study in China in the 1960s, expressing admiration for the achievements the Communist Party of China (CPC) and the country have scored in past decades.

The launch of this center was "another hugely exciting step" to make green finance more mainstream and the start of a new era of strategic cooperation between the two sides, said the lord mayor.

The ambassador gave an example of the progress made under the initiative.

Proposed by Chinese President Xi Jinping in 2013, the Belt and Road Initiative aims to achieve infrastructure, trade and people-to-people connectivity along and beyond the ancient Silk Road trade routes, building a new platform for international cooperation to create new drivers of growth.

Last year, Ireland exported a total of 12.6 billion euros of food and drink products, of which nearly 70 percent went to European Union countries, a figure indicating a huge potential for the development of the Irish food exports in the other markets of the world including China, he said. (1 euro=1.233 U.S. dollars)