Sunday, June 26th | 27 Sivan 5782

May 6, 2013 1:27 pm

Netanyahu in China: Economic Partnership Can be ‘Winning Combination’

avatar by Zach Pontz

Israeli Prime Minister views tech innovations during his visit to China. Photo: Israel GPO.

Israeli Prime Minister Benjamin Netanyahu wrapped up the first day of a five-day visit to China by meeting with dozens of Israeli businesspeople who represent companies that operate in Shanghai. The Israeli company representatives expressed great appreciation for the Prime Minister’s efforts to increase trade with China and noted the great importance of government support to doing business in China.

“We must make the national effort to enter Chinese markets and to create partnerships. In addition to your private initiatives, we need to create a government track with the Chinese,” Netanyahu told the Israeli reps.

Following the meeting Netanyahu met with Israeli and Chinese businesspeople and stressed the importance of strengthening the two countries’ economic relationship.

“The future belongs to those who lead in innovation and technology,” he said, adding that Israel manufactures  “more intellectual property than any other country in the world in relation to its size. If we create a partnership between Israel’s inventive capability and China’s manufacturing capability, we will have a winning combination.”

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Palestinian Authority President Mahmoud Abbas is also in China on an official visit. Xinhua quoted him as saying: “It is very good that Netanyahu will visit China too because it is a good opportunity that the Chinese listen to both of us.”

Netanyahu will fly to Beijing later in the week. He is expected to sign a number of trade deals and discuss the Iranian nuclear issue before departing Friday.

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