The year 2022 marks the 30th anniversary of the establishment of China-Israel diplomatic relations. During the past 30 years, innovation has been playing one of the leading roles in promoting the relations between the two countries, with bilateral cooperation spanning fields like modern agriculture, medical devices, cybersecurity, and smart cities.
The China-Israel Changzhou Innovation Park (CICP), the first experimental zone for innovation cooperation established by the two governments, was inaugurated in the Wujin district of Changzhou in 2015.
The park provides physical proximity for Israeli firms to get funds and collaborate with Chinese companies in industrial research and development, becoming a prototype project for innovative cooperation between the two countries.
By the end of 2021, the CICP had gathered 155 Israeli-owned and China-Israeli joint ventures, facilitating 40 China-Israel scientific and technological cooperation projects, said Chen Shunming, deputy director of the management office of the park.
According to Chen, the CICP will expand from 5 to 72.8 square kilometers, with the goal of becoming a model of promoting innovative comprehensive partnership between the two countries and helping apply the innovation resources and technological achievements from Israel to Chinese industries.
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