The upcoming visit of Israeli Prime Minister Benjamin Netanyahu to China is expected to further promote mutual political trust and cooperation in the fields of economy, trade and science.
Netanyahu is due to leave for China Sunday night for a five-day official visit, the first of its kind since 2007 when then Israeli Prime Minister Ehud Olmert visited China.
Chinese Ambassador to Israel Gao Yanping told Xinhua in an interview that China and Israel have maintained close high-level contact in recent years, creating a good atmosphere for the growth of bilateral ties.
Recent years have also witnessed increasingly closer exchanges in various fields between the two countries, with bilateral communications and coordination continuously strengthened on security, economy, finance and efforts to deal with regional issues and global challenges, she added.
During his stay in China, Netanyahu will visit Shanghai and Beijing and meet with many Chinese entrepreneurs. The two sides are expected to sign a series of inter-governmental cooperation documents and commercial agreements on economy and trade, science and technology, and people-to-people exchanges.
China and Israel have made considerable progress in developing bilateral relations since the establishment of diplomatic ties in 1992, with bilateral trade surging to nearly 10 billion U.S. dollars from 50 million dollars recorded in 1992.
China has become Israel's largest trading partner in Asia and the third largest in the world. China is also a vital destination for Israel's investments abroad in the fields of high-tech, new energy, water technology, environmental protection, agriculture and life sciences, and pharmacy, according to the Chinese envoy.
Israel is the first country to establish RMB venture capital funds in China, which have been invested in a wide range of fields, including China's agriculture and electronics industries.
Observers here believe Netanyahu's upcoming visit will further tap potential for cooperation between China and Israel.
Copyright ©1999-2011 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
