Nov 2022

The Visit of Ambassador of the People Republic of China to Israel

BDO Israel and SHENG Enterprises had the honor of hosting the Israel – China Chamber of Commerce  event in which H.E. Cai Run, Ambassador of the People Republic of China to Israel, delivered briefing on the recent developments and future goals of China, further to recently held 20th National Congress of the Communist Party of China.

Ambassador Cai was joined by the Commercial Counselor, Mr. Zhang Xingfu, Counsellor Mr. Zhang Xuehai, and their colleagues from the Embassy team.

Ambassador Cai presented China achievements in creating a modern country and society and noted the unprecedented achievements of Poverty alleviation, with 870 million people lifted out of poverty! He described the next national mission of China: strengthening China as a great modern socialist country in which modernization with include all the population, environment protection will continued to be improved, and international economic cooperation will be enhanced.

The Ambassador expressed satisfaction from the positive developments in Israel – China economic cooperation, with bilateral trade reaching 19 billion USD in first 8 months of 2022 (+17%). He emphasized that Israel is the only country in the world with who China have set the “Innovative partnership”.

SHENG’s Managing Partner, Ilan Maor, in his capacity as the President of the Israel – China Chamber of Commerce, expressed our trust and believe in China’s continued growth and the potential it represents for the Israeli economy and industry. Ilan noted our hope to see COVID19 situation improve soon, enabling return to frequent visits to China and more business interaction.  

Per requests from the participants, Ambassador Cai expressed the hope that the FTA agreement will be concluded in the very near future, the G2G financial protocol discussions are in advanced stages, and direct flights are soon to be resumed (led by the first direct flight by Hainan airlines on 29.11)

Among the participants were the chamber’s Chairman Amos Yudan, Vice President Adv. Yoav Sade, and the GM of Israel – Asia Chamber Liron Urman,    executive from Israeli companies operating in China, representatives of the Foreign Ministry, Economic Ministry, and Finance Ministry, as well as academicians, press, and more.