China & Is­rael An­nounced In­no­va­tive Com­pre­hen­sive Part­ner­ship

China's Foreign Trade (English) - - Regional Trade & Investment - By Lily Wang

T An in­no­va­tive, com­pre­hen­sive part­ner­ship

he Chi­nese and Is­raeli gov­ern­ments are work­ing closely to es­tab­lish a top-level mech­a­nism for co­op­er­a­tion be­tween the two na­tions.

Chi­nese Pres­i­dent Xi Jin­ping and Is­raeli Prime Min­is­ter Ben­jamin Ne­tanyahu an­nounced an in­no­va­tive com­pre­hen­sive part­ner­ship be­tween the two coun­tries in Bei­jing on March 21.

Min­is­ter of Sci­ence and Tech­nol­ogy Wan Gang said that China and Is­rael had agreed to deepen co­op­er­a­tion in in­no­va­tion. The China-is­rael Joint Com­mit­tee on In­no­va­tion Co­op­er­a­tion has played an im­por­tant role in guid­ing the in­no­va­tion de­vel­op­ment be­tween the two na­tions, said Wan.

Ac­cord­ing to Wan, China has been Is­rael’s largest trade part­ner in Asia and Sino-is­raeli trade will con­tinue to have bright fu­ture prospects.

Dur­ing the visit, Ne­tanyahu met the chiefs of 11 Chi­nese large com­pa­nies, in­clud­ing Jack Ma, chair­man of Alibaba Group Hold­ing Ltd, Liu Chuanzhi, chair­man of Len­ovo Group Ltd, Wang Jian­lin, chair­man of Dalian Wanda Group Co and Zong Qinghou, chair­man of Hangzhou Wa­haha Group.

Ne­tanyahu said that Is­rael is a “tech­no­log­i­cal global power” and as­pires to be “the per­fect ju­nior part­ner” to Chi­nese in­vestors.

Ac­cord­ing to him, the sign­ing of the FTA will fa­cil­i­tate Is­raeli com­pa­nies to in­vest in China and sell their an in­creas­ing amount of their prod­ucts in China, which is im­por­tant to Is­rael.

The prime min­is­ter also ex­pected the FTA to im­prove the match of driver­less car may en­sure a safer tour with less time.

Ne­tanyahu elab­o­rated on Is­raeli med­i­cal data card, a prac­ti­cal tech­nol­ogy that helps peo­ple live longer and health­ier.

He said that 98% of Is­raeli peo­ple have their per­son­al­ized med­i­cal cards with com­put­er­ized data, which can help save more time and money.

They fit per­fectly into the needs of China and its plans to grow and de­velop, Ne­tanyahu added. The prime min­is­ter also spoke highly of the Chi­nese peo­ple for their “tra­di­tional pur­suit of schol­ar­ship, ex­cel­lence, and en­trepreneur­ship.”

Seek­ing ma­ture tech­nolo­gies

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