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100 Israeli companies come to China: this is an opportunity to enter the Chinese market

via:博客园     time:2019/5/28 8:31:41     readed:62

[Observer Network News]

On May 28th, “Go to Israel” will be held in Jinan, Shandong Province. More than 100 Israeli high-tech companies and startups will come to Jinan to attend the conference.

“ Sino-US trade frictions and other concerns have not prevented 100 Israeli companies from heading east, and they will be welcomed by the huge market that is eager to innovate. & rdquo; "Israeli Times" reported on the 27th.

The report said that although Israel regards the United States as its most important ally, it also tries to balance its relationship with Washington, hoping to open its doors as widely as possible to the rising economic power of China.

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China's high-speed rail station "going to Israel" billboards Source: Israel Times

Despite the current situation, some Israeli companies have some doubts that the cooperation with China will be punished by the United States, but Edouard Cukierman, one of the organizers of the forum and head of the Israeli Cookman Investment Group, believes thatConcerns about doing business with China are exaggeratedTrade friction actually provides an opportunity for Israel.

“If a Chinese company cannot buy technology in the US, it may be purchased in Israel, soThis is an opportunity for Israel to enter the Chinese market,”Gu Kewen said.

Avi Luvton, head of the Asia-Pacific region of the Israel Investment Authority, said that although Israel has more knowledge of what trade friction means,He has not heard of an Israeli company evading China because of the United States.

Companies seeking investment in China include Israel's HIL Applied Medical, which combines nanotechnology with high-intensity lasers to develop a proton beam therapy for cancer treatment and plans to sell the product to the United States.

“So far, having a Chinese investor has not bothered us,” said HIL CEO Sagi Brink-Danan.

The report said that the Israeli government had agreed to follow the example of setting up a foreign-invested review institution in the United States and focusing on China.This "will make America happy" work has been stagnant.

Rebecca Zeffert, founder and executive director of the Israel Asia Center, agrees to set up a foreign-invested review agency, but opposes “to pick China out”.

Gu Kewen also disagreed with the establishment of such a supervisory body. He believes that few industries in Israel are subject to government supervision in foreign trade.

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Gu Kewen

On the other hand, in his view, China does not care about Israel's political issues, but pays more attention to the economy.

“They are very pragmatic and don’t care about your politics,” said Gu Kewen. “The Chinese government sees Israel as an innovative strategic partner that can help revitalize the economy. ”

Zefirt said: "China's interests are China, and the conflicts that have been involved in other regions are not in line with China's nature. ”

In recent years, the scale of trade between China and Israel has increased significantly. According to public data, the bilateral trade volume between China and Israel in 1992 was only 51.5 million US dollars, and by 2018 it has reached 13.9 billion US dollars.

Gu Kewen said that initially he only organized investment conferences in Europe, but now people are more interested in investing in China than ever before.

It is reported that 2019 “Going to Israel”; the International Investment Forum is the third time for the forum to be held outside Israel. The topics to be discussed in this forum include China-Israel M&A, China-Israel Cooperation, the New Silk Road Initiative, and China’s high-tech Israeli technology. And investment in life science companies.

By then, about 100 Israeli companies will demonstrate the country's best innovation practices in advanced manufacturing technology, information technology, life sciences, water technology, clean technology, agricultural technology, and energy. Israeli entrepreneurs will hold one-on-one special talks with more than 1,000 investors.

The Jinan Summit was jointly organized by Cookman Investment Group, Catalyst Funds, Shandong Guohui Investment Co., Ltd., a subsidiary of Shandong Provincial State-owned Assets Supervision and Administration Commission, and Jinan Xianxing District.

- Finish -

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