(Xinhua-China) Hundreds of businessmen packed the conference hall at the first China-Israel Technology Innovation and Investment Summit on Jan. 5-6 in Beijing. Chinese investors have begun parking their money in world-renowned Israeli high-tech industries at a stunning pace. About 40% of all venture capital flowing into Israel came from China in 2015, according to Ziva Eger, head of the foreign investments and industrial cooperation division at the Israel Ministry of Economy. With growing academic cooperation, collaborative programs, and shared vision from both governments, "the golden age for Israel-China innovation cooperation has come," said Yin Hejun, China's Vice Minister of Science and Technology.
2016-01-08 00:00:00Full ArticleBACK Visit the Daily Alert Archive