国内英语资讯:Spotlight: Israel shows confidence in prospects of economic, hi-tech cooperation with China_时事

国内英语资讯:Spotlight: Israel shows confidence in prospects of economic, hi-tech cooperation with China

The bilateral trade between China and Israel reached about 14 billion U.S. dollars in 2018, according to the figures from the Chinese Embassy in Israel.

Israel has so far signed one agreement with the Ministry of Science and Technology of China on the joint research and development projects, and eight agreements of such kind at the provincial level with Jiangsu, Zhejiang, Shanghai, Guangdong and Sichuan.

Benefits for Israeli companies from the deepening cooperation between China and Israel are enormous, said Yacov Geva, president and CEO of Israeli G. Medical Innovations Ltd.

One of the important benefits is that Israeli companies could enter the Chinese huge growing market and partner with Chinese companies for the long term, Geva noted.

Geva's company is among the thousands of exhibitors from across the world which participated in the first China International Import Expo held in eastern China's Shanghai in November 2018.

"We are developing a long-term relationship with Chinese partners that will help the Israeli companies to penetrate into the largest market in the world with Israeli technologies and solutions that China needs, especially in the health care sector," he said.

Avi Luvton, director of Asia Pacific Operations at the Israeli Innovation Authority, has visited China no fewer than 50 times. He visited China more frequently in recent years as the cooperation between China and Israel gets closer.