Latest News:  

English>>Foreign Affairs

China, Israel boost cooperation (2)

(China Daily)

08:20, May 09, 2013

Israeli Prime Minister Benjamin Netanyahu witnesses the signing of cooperation documents on agriculture, technology, financing and education in Beijing on Wednesday. Xu Jingxing / China Daily

Li Shaoxian, an expert of Middle East studies at the China Institutes of Contemporary International Relations, said the large business delegation accompanying Netanyahu for the visit and his first stop at China's commercial hub, Shanghai, demonstrates his expectations on the two countries' future economic cooperation.

Netanyahu is leading a large delegation, including a group of senior officials on economic affairs and entrepreneurs. He had said that one of his priorities will be pushing forward exports to China.

China is Israel's top trading partner in Asia, and the third worldwide, with bilateral trade in 2012 reaching nearly $10 billion.

Israeli figures show that in 2012, its exports to the United States and Europe shrank 6 percent and 7 percent respectively compared with 2011 because of the global economic turmoil. However, Israel's exports to Asia surged 5 percent.

Israel, on the other side, is an important source of high technology for China.

Netanyahu said during his stay in Shanghai that once the high-tech and creativity of Israel find its match in China's strong producing power and wide access to the global market, it will be the best combination.

Netanyahu arrived in Beijing from Shanghai on Wednesday, just one day after Palestinian President Mahmoud Abbas left Beijing.

The two leaders did not meet in their rare, nearly simultaneous visits to China, though Beijing said it would be willing to help arrange a meeting if requested.

Li told Netanyahu on Wednesday that the Palestine issue is the core of peace and stability in the Middle East, while peaceful settlement through negotiations is the only effective way.

China expects the two sides to create conditions to revive the peace talks and seek tangible progress, he said.

"China, as a friend of both Palestine and Israel, has all along held an objective and fair stance. We would like to make efforts with all parties to actively push forward the Middle East peace process", Li said.

Netanyahu said his country appreciates China's constructive role in the Middle East peace process.

【1】 【2】 【3】

Email|Print|Comments(Editor:HuangBeibei、Yao Chun)

Related Reading

Leave your comment0 comments

  1. Name


Selections for you

  1. 11th Int'l Defence Industry Fair opens

  2. CTF 151 commander visits "Harbin" destroyer

  3. Top DPRK leader inspects projects

  4. Little boy walking on his hands

  5. Public hearing to discuss taxi fare increase

  6. Police destroy counterfeit red wines

  7. Women's underwear rugby

  8. Precious cultural heritage in Fuzhou

  9. HOFEX 2013 kicks off in Hong Kong

  10. Sweet 'lovers hotel' making good profit

Most Popular


  1. Chance for dual face-to-face talks slim
  2. China's regional disparity offers growth potential
  3. US war on terror bent by strategy
  4. China's rating not jeopardized by slower growth
  5. Innovation: The engine for development
  6. Rising wages reach a milestone
  7. Japanese PM Abe unable to read situation
  8. North Korea testing limits of tolerance
  9. China's multifaceted financial diplomacy benefits all
  10. H7N9 won't affect China’s economy significantly

What’s happening in China

Student makes 2nd stem cell donation

  1. Pudong apartment hit by mysterious gunshots
  2. World Smile Day observed in China
  3. 80-year-old H7N9 patient makes full recovery
  4. Old lady in court for growing poppies
  5. Bear attacks monkey in circus show accident