Israel-China ties bloom with free trade talks imminent
September 29, 2016
- In Tel Aviv, as part of the second annual China-Israel Investment Conference, around 500 Israeli startups met with 1,000 Chinese investors and strategic players, the organizers said. The conference was part of the DLD Innovation week that took place this week in Israel. The conference was an initiative of the Infinity Investment Group with the assistance of the Israeli Ministry of Economy and Industry, after a similar conference was organized in Beijing in January.Israel sees China as a strategic partner and a key country for economic cooperation, Lang said, allocating to the East Asian giant six Israeli trade missions — more than to any other country — in Beijing, Shanghai, Guangzhou, Hong Kong and starting next week, Chengdu.
Infinity Group And Neusoft To Establish $250M Israeli Med-Tech Fund
26 September 2016
- Israeli-Chinese cross-border private equity firm Infinity Group and Neusoft Corporation have agreed to set up a US$250 million investment fund to back Israeli medical technology companies with the aim of realizing their potentials in China. The fund will help Israeli medical technology companies connect with the Chinese market by integrating into cloud-based platforms developed by Neusoft. The vehicle, a first between Infinity and Neusoft, plans to deploy US$250 million over three years.
Israel to Boost Activity in China in Response to New Five-year Plan
Aug 23, 2016
- The Chinese government recently announced a new five-year plan for 2016 to 2021 that has caught the eye of Israel’s Economy and Industry Ministry. The plan, which comes on the heels of slower economic growth in China last year, provides for a continuing shift of the Chinese population from rural areas to the cities – which should increase demand for food, according to Chaim Martin ,one of the ministry’s commercial attaches in China. “There are several central points in the five-year plan, the most important of which is the transition from rural residents to the cities and the ability to accommodate 1.5 billion people whose standard of living is rising, along with demand for food,” Martin said. “The Chinese want to develop smarter agriculture to produce more food and a health care system that will ensure better social support.” The Israeli Economy Ministry, he said, is preparing for this change and boosting its activity in China, where there are currently four Israeli offices headed by commercial attaches, with a fifth expected to open soon.
China and Israel: Mutual Brothers
Jul 11th, 2016
- China and Israel share a long relation, which dates back to more than a hundred years when a Jewish clique established in Kaifeng and China affirmed them safety against persecution and discrimination. The nexus formed along this due long transit resulted in a formal diplomatic alliance between People’s Republic of China and the State of Israel; these connections have been established on similar terrains of ancient civilization, tradition, culture, history, values which now defines a vision of future. In the present digital age, China and Israel concert to comply for the benediction of each other in the dominion of Science and technology. Israel and China have harboured a deep reverence for appraisal of knowledge and learning, better understanding of the world and they want to pursue it more promisingly. Israel is a technology hub having a leading Research and Development (R & D) in the world whereas China has world’s leading manufacturing market. China sets an extensive prototype in the modern history as to how a huge population got liberated from paucity and how it can ascend to this level of economic and social development. China is looking forward to Israel’s technology and Israel wants consumer goods at low cost that China makes.