Chinese Vice President Wang Qishan Lands in Israel for Official Visit
Wang is co-heading a joint China-Israel innovation committee alongside Israeli leader Benjamin Netanyahu
Lilach Baumer : 2018-10-22T12:36:39..
Chinese Vice President Wang Qishan will arrive in Israel Monday on an official visit to take part in the China-Israel Joint Committee on Innovation Cooperation, an initiative established in May 2014 to bolster Israel-China cooperation in domains related to innovation. Wang is co-heading the joint committee this year alongside Israeli leader Benjamin Netanyahu. He is accompanied by a delegation of representatives from 13 Chinese ministries.
For daily updates, subscribe to our newsletter by clicking here.Israeli-Chinese ties have been tightening for the past few years as U.S.-China tensions continue to mount. Israeli exports to China reached $2.8 billion in the first half of 2018—8.7% of all Israeli exports—according to data from Israel’s Central Bureau of Statistics. The sum makes for a 73% increase year-over-year. According to Israel-based market research firm IVC, the number of Chinese players investing in Israeli tech companies nearly doubled between 2013 and 2017.