It was recently announced that the Sino-Israeli Technology and Culture Exchange Platform will become a tenant of the Hongfu National Incubator Park, which is located at Zhongguancun Science Park, well-known as China's Silicon Valley.

The step comes as a strategic cooperation agreement between Hongfu Group, Sino-Jewish Changlong Technology Company, and the Israeli Chamber of Commerce in China (IsCham) was reached on April 3.

Hongfu Group and the Israeli Chamber of Commerce in China sign a cooperation agreement on the Sino-Israeli Technology and Culture Exchange Platform on April 3. [Photo provided to chinadaily.com.cn]

The platform is designed to be a project pool, which will bring Israeli technological projects and products as well as innovative ideas into the Chinese market, and help Chinese companies to match with the projects.

It will then set up the Israel Science and Technology Exhibition Hall and organize the Jewish Wisdom Lecture for Israeli experts and companies to regularly introduce Israeli cultural innovation concepts and technology to the Chinese government and entrepreneurs.

A Sino-Israel Science and Technology Matchmaking Conference is expected to be held in Beijing in September.

Ariel Briskin, general manager of IsCham, gives a speech at the signing ceremony. [Photo provided to chinadaily.com.cn]

Zheng Baolin, co-founder of Hongfu National Incubator, said, "Hongfu will provide steady and strong supports for the platform's development and the company can also access more high-quality international resources."

Ariel Briskin, general manager of IsCham, said that his organization is designated by the Israeli Embassy in China to give full support to the exchange platform.

IsCham was launched in August 2008, during the Beijing Olympics, by former Israeli president Shimon Peres. It is among the biggest commercial business communities in China, and has many links with Chinese and Israeli companies.

Cooperation is reached between three sides to build the Sino-Israeli Technology and Culture Exchange Platform on April 3. [Photo provided to chinadaily.com.cn]