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Israel eyes investments from China
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ISRAEL expects to entice more investment from China, especially in high-tech sector, participants said during the GoforIsrael conference yesterday in Shanghai.
Having focused for years on raising funds and establishing strategic alliances between Israeli companies and investors from around the world, the main focus of the conference was on the opportunities between Israel and China as well as Chinese investment appetite across key industries, such as life sciences, agriculture, clean energy, advanced manufacturing and new materials.
Israeli exports to China totaled US$3.25 billion last year, compared with US$261 million in 2000.
China is Israel’s biggest trade partner in Asia and the third-biggest around the world. Chinese investors spent US$470 million purchasing Israeli high-tech companies last year.
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