"We want to normalise the relationship with China. We don't want to go overboard," said Samaraweera, tipped to be the new foreign minister in the government led by President Maithripala Sirisena.
Sirisena has already said his first foreign visit will be to India to meet with Prime Minister Narendra Modi.
The new government will review huge contracts and investment approvals awarded to Chinese firms following allegations of huge kickbacks given to former Lankan President Mahinda Rajapaksa and his cronies, Samaraweera said.
Meanwhile, Sirisena has promised to keep the island nation friendly with both India and China, saying "Sri Lanka won't be anti-India or dependent".