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Establishment of Jiangsu Economic and Trade Representative Office in Israel Signed in Changzhou
updated on:2020-09-13 08:35

Recently,Economic and Trade Representative Officeof Jiangsu Provincein Israelis signed in Changzhou, which will be jointly constructed byJiangsuDepartment of Commerce, of Jiangsu Province, Changzhou MunicipalPeople’s Government of Changzhou City,and China Wujin High-tech Industrial Development Zone haverecentlysigned a contract in Changzhou for the jointestablishment ofJiangsuEconomic and Trade Representative Office in Israel.

Based onWith theIsrael-basedtheIsrael Jiangsu Center established via theby China-Israel Changzhou Innovation Park as the platform, the Representative Office has taken full advantage ofwill leverage all kinds of resources and developd new channels to enhance bi-nationalinternational industrial technicaland technological cooperation, whichpromotes the two-way trade and investment between Israel and Jiangsu Provinceand strengthen the building of a BRI intersection withconductspractical efforts in city construction for being at the intersection of the Belt and Road Initiative.

As China's first provincial-level overseas innovation center, theIsrael- Jiangsu  Center was opened in September 2019, with the aim of working as a bridge and platformaiming to build itself to a major gateway forintroduceIsrael’s advanced technology and incubation experience to enterChina and a“new window” through which establish new contacts between China’sChinese capital and technical demands can be connected toandIsrael’s innovation resources. At present,five Chineseand Israeli enterprises have made presence in the Center for incubation. 

There are totally 5 enterprises in this center from both sides.So far, the China-Israel Changzhou Innovation Park has attracted 102 Israeli individual proprietorships and Sino-Israel cooperative enterprisesjoint ventures, contributed tofacilitated to implement 26 Sino-Israel science and technology cooperation projects and established a batch of innovative platforms and carriers ,including Sino-Israel Industrial Technology Research Institute in Jiangsu, Israel Jiangsu Center, and Sino-Israel Innovation Platform for Professional Technical Cooperation.

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