China and Israel – the Next Phase
"Israeli technology, Israeli technology, and Israeli
technology" – the three things in which China is
interested, according to Israeli Prime Minister Benjamin Netanyahu
after his visit to China in 2013. The relationship has long since
expanded to cover trade, investment, construction, educational
partnerships, scientific cooperation, tourism and more, and this
November, negotiating teams will meet for a further round of talks
on finalizing a free trade agreement between Israel and China.
And the two countries share more in common than one might think.
"The modern Chinese economy and the Israeli innovative
economy are today, more than ever, complimentary and
synergetic," adds Ilan Maor, Vice Chairman,
Israel – China and Hong Kong Chamber of
Commerce . According to the data released by China's
Ministry of Commerce, the volume of trade between the countries
stood at USD13.9 billion in 2018, a 6.1% increase from 2017.
