China wants Israel as technology partner

Chinese commerce minister's visit to Israel serves as another stepping-stone in economic collaboration between Jewish state, Asian superpower

Chinese Commerce Minister Chen Deming signed a memorandum of understanding to promote commerce and cooperation between the Israel Export Institute and the Chinese commerce development institute during his recent visit to Israel.

The minister's visit and the festive signing ceremony that ensued allowed a glimpse into the backstage collaborations that have been forming between Israeli and Chinese authorities throughout recent years.


n his biography, Deming depicts China's new generation of economic leaders. He was born in 1949 – the year Mao Tse-Tung came into power - but only joined the party in 1974, when China was already undergoing economic reforms.

The Chinese minister earned his doctorate in administration and boasts an additional degree in economics. His academic and professional progress demonstrates China's transformation in the past few decades from an ideology-driven regime to a meritocracy.

Addressing an audience in Jerusalem, Deming sent a clear message: China is moving forward, and Israel is considered a potential partner that can efficiently cooperate with the regional superpower.

The equation is clear – China will bring to the table investment funds and its humongous domestic market and Israel will contribute its knowledge and innovation.

YNET

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