Fili’s world

Yeah, it seems the interest is mutual. Chinese market leaders are coming to Israel to introduce themselves to the Israeli companies. It just so happened that a couple of hours after posting "The China Invasion : Israeli Hi-tech companies doing business in China" I got a link on email to a YNet story : Heads of leading Chinese firms to visit Israel (Avi Shauli)

Chinese businessmen to hold business seminar in holy land; three of delegation’s companies expected to sign agreements worth millions of US dollars with Israeli companies

The heads of leading Chinese firms are scheduled to visit Israel next week in a bid to introduce themselves to the Israeli industry. Three of the companies are also expected to sign agreements worth tens of millions of US dollars with Israeli companies.

The delegation, which will arrive in Israel following an invitation extended by the Industry, Trade and Labor Ministry, will hold a business seminar for Israeli industry representatives, as well meetings and visits in different sectors of the industry.
The delegation includes 11 presidents and heads of China’s leading companies, including Bank of China, DATANG Telecom, SMIC, and others.

Oded Abel, the Industry, Trade and Labor Ministry’s economic and trade representative to China, said that the delegation was coming to Israel with the declared goal of introducing itself to the Israeli industry and examining Israel’s technologies in the fields of information technology, telecom, agriculture and more.

The Asia Department at the ministry’s Foreign Trade Association reported a recovery in Israel’s exports to China (more than 24 percent) compared to a drop of approximately 4 percent last year.

The trade deficit opposite, however, China continues to be significant. In 2005, Israel’s exports to China amounted to USD 725 million, while imports from China totaled USD 2.3 billion.

Hmm… I wonder how one registers to attend this kind of thing.