China and Israel share a long relation, which dates back to more than a hundred years when a Jewish clique established in Kaifeng and China affirmed them safety against persecution and discrimination. The nexus formed along this due long transit resulted in a formal diplomatic alliance between People’s Republic of China and the State of Israel; these connections have been established on similar terrains of ancient civilization, tradition, culture, history, values which now defines a vision of future. In the present digital age, China and Israel concert to comply for the benediction of each other in the dominion of Science and technology. Israel and China have harboured a deep reverence for appraisal of knowledge and learning, better understanding of the world and they want to pursue it more promisingly. Israel is a technology hub having a leading Research and Development (R & D) in the world whereas China has world’s leading manufacturing market. China sets an extensive prototype in the modern history as to how a huge population got liberated from paucity and how it can ascend to this level of economic and social development. China is looking forward to Israel’s technology and Israel wants consumer goods at low cost that China makes.

The confederacy has increased in various domains; agriculture, industry, healthcare, research and development, culture and tourism overcoming the cultural divergence, difference in population size and topographical obscure. Recently in March 2016, China and Israel met over the second meeting of the China-Israel Joint committee on Innovation Cooperation in Israel and this deepening of the Innovation Cooperation is an important accord of the Chinese and Israeli leaders. The bilateral trade between China and Israel has expanded and has increased up to 200 times since the official establishment of the diplomatic relations. Bilateral relationships between the two states are thriving and they look forward to it firmly, for an example the economy; China is the largest trading partner to Israel in Asia and the two ways-trade exceeds over $10 billion. Israel has commendable science, technology and innovation which interests China and Israel needs to variegate away from the Western markets. The two countries undoubtedly are so complimentary that they have recently consented over a jogint feasibility of free-trade agreement.

People’s Republic of China is the world’s second largest economy by nominal GDP and it’s the world’s largest economy by purchasing power parity. With a an Free Trade Areement ( FTA ) it will help Israel exports to enter an immensely important yet difficult market whereby providing a significant and convincing breakthrough for the competitiveness. China’s share of the Israel’s export is projected to rise up to 10% in 2035 from 5%; presently Israel is exporting to China more than Turkey and Egypt (being larger states) which is suggestive of applause that China has for Israel’s innovation and technology and investment funds of China has attracted Israel. Financial investors from China are entering the global stage and accounted for almost double of the previous five years outbound value and start-ups from Israel have got chance to take part in virtual pitch to Zhongguancun Private Equity & Venture Capital Association which is one of the biggest investors of China. Economy, alone does not cover the complete spectrum of relationship. Whereas political correspondences are frequent, the inter-state visits of ministers are an indispensible part of thoughtful Chinese diplomacy and it signifies compliance on a very high level to further upgrade ties.

Israel’s council of higher education is giving away scholarships to the masters and post-doctoral students from China, Beijing’s Tsinghua University agreed to invest $300 million to establish the XIN Research Centre which would intend to carry out early-stage and mature technologies in biotech, solar energy, water and environment. Technion-Israel Institute of Technology teamed with China’s Shantou University to build up a Technion campus in China which affirms a strong alliance in academic field between the two states. Another significant domain is of cultural, exchanges which are thriving with classical and popular music groups, theatres and dance groups which bring their art to audiences of both states. Piano master-classes are being held for Chinese and Israeli children, that will further make the coalition concrete, the Israel Symphony Orchestra Rishon LeZion, play pieces composed by the Chinese composers.

With this ever increasing synergy, both the sides will have better bilateral perception and will have more chances to explore prospects of new collaborative enterprises, the two governments will be sharing the objective of adorning friendship and mutual consideration. The endeavour to expand the confederacy will surely become more extensive, interdependent, mutually constructive and compelling for the years to come. There will be more amalgamation at various levels, the two states will have better understanding and will have more chances to traverse prospects of new coalition projects. China would always like to make persistent efforts with Israel to enhance mutual respect, trust, explore great potential of cooperation and drive the relation into greater brighter future and this alliance between China and Israel will be very helpful to regional stability, global prosperity and world peace.

By Dr. Ankit Srivastava, Chief Editor

(ankits@newdelhitimes.com)

Photo Credit : Shutterstock

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