When asked about the future potential of Israel – China relations, IsCham GM Ariel Briskin, was adamant in stating that “China – Israel business relations have not achieved their full potential yet”. Mr. Briskin emphasized that although diplomatic and commercial relations between the two countries have existed for more than 25 years, great unfulfilled potential remains in such key aspects as investments, infrastructure projects and technology exchange, and Israel should develop such cooperation wisely. Mr. Briskin said this at the launch of the new Israel office of IsCham, which took place in Tel Aviv last week.
The opening gala of IsCham Israel welcomed government officials and executives from the Sino-Israeli ecosystem, who carry a shared goal to strengthen the commercial cooperation between the two countries. Among the attendents were China’s ecenomic attaché in Israel, Mr. WU Bin, and Mr. Eli Nacht, Deputy Mayor of Ashdod, who has signed earlier this year a large-scale construction project agreement between the port city of Ashdod and the Chinese government.
“A new era emerges in Israel – China relations”, said in his opening remark Mr. Chemi Peres, founder of Pitango Venture Capital and son of late Israeli President Shimon Peres who had launched the Chamber of Commerce’s activities in China more than a decade ago.
A special panel discussion followed, moderated by Channel 12 reporter Lee Abramovich, and also featuring Zvi Shalgo, Founder & Chairman of PTL Group, Sarah Qin, GM at Easy Business Solutions, Gal Dymant, CEO & Founder at Asia Direct Capital, Tehila Levi Lati, Partner & Lawyer at ZAG-S&W.
Mr. Yaniv Rosenzweig, Director of Finance in Israeli irrigation manufacturer company Netafim, recalled at the Panel: “Netafim had a challenging beginning in China and had to cope with numerous difficulties, but IsCham together with local partners greatly helped in acquiring a better understanding of the local market, bringing us to change our business model and multiply our worth in recent years”.
“Global interest in the Chinese market has famously increased, thanks in part to the rising income of the vast Chinese population and the search for creative solutions of local problems,” said Ms. Tal Badt, former Head of Business Development at Tsinghua x-lab, one of China’s leading universities’ incubator. “Israelis naturally think of the U.S. as the main market for growth, but it is important that Israeli companies, especially those dealing with artificial intelligence and MedTech, consider China as an important potential market for their natural partners.”
Regardless of growing cooperation in the business world between China and Israel, there are certain challenges that need to be discussed. Join us for an open discussion of these challenges as well as potential solutions in conducting business in China. We encourage open participation on behalf of the audience. Time 2:00pm - 5:00pm, July 12th Loc...Read More View all
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