Israel, China launch joint task force for expanding ties

Under recently launched Chinese-Israeli “Water City” project, 20 officials from the municipality of Shouguang are visiting the country this week to explore a variety of Israeli innovations across the sector, the Economy Ministry announced on Monday.

The trip to Israel follows Economy Minister Naftali Bennett’s November visit to China, during which Israeli and Chinese officials declared the eastern Chinese coastal city of Shouguang as the future hub – or “Water City” – for Israeli water activities in the Asian nation. At the time, the decision was made by Israeli and Chinese government officials that Israeli water technologies would be implemented on a commercial scale in Shouguang, serving as potentially adaptable models for other areas in China.

In return for hosting the companies, Shouguang would receive access to advanced technologies in the fields of desalination, sewage treatment, irrigation, agricultural water reuse, water supply and more.

“The Water City initiative in China is a concrete example of advancement of trade relations of Israel with China, and the Economy Ministry recognizes its importance as a target market,” Lang said. “The Chinese market holds many opportunities for Israeli industry in a variety of fields and disciplines, while the Israeli water sector has tremendous potential to bring about capital- intensive projects.”

“Israel is known as a global leader in the water industry, both in terms of building a national water sector on a policy and regulatory level and in terms of the development of innovative technologies,” said Ziva Eiger, director of the Economy Ministry’s foreign investment and industrial cooperation department. “Projects in the water sector are large and complex by nature, especially when it comes to a big country like China. The Water City’s launch may pave the way for the Israeli water industry’s penetration into the Chinese market, and constitutes a major initiative for government- business cooperation between Israel and China.”

Full article: Israel, China launch joint task force for expanding ties (GEAB)

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