China's Jiangsu Province Sets Up Tel Aviv Innovation Center
The center is designed to host Israeli startups as well as Chinese companies scouting for local technologies
CTech | 14:01 19.09.2019
China’s Jiangsu Province has launched a Tel Aviv innovation center, the Israel-Jiangsu Center, on Wednesday, the center announced. The center is designed to host Israeli startups as well as Chinese companies scouting for local technologies. It was set up by the Changzhou, Jiangsu-based Wujin Hi-Tech Industrial Zone, which is already collaborating with Israel’s Innovation Authority (IIA) on the China Israel Changzhou innovation park Initiative, set up to promote joint tech ventures. A delegation of Jiangsu government officials attended the inauguration event, as did former Israeli ambassador to China and chairman of the Israel Asia Chamber of Commerce Matan Vilnai, and the Chinese embassy in Israel’s science and technology counselor Cui Yuting. Israeli entrepreneur Ilan Maimon will serve as the managing director of the new center.