New initiative: Chinese companies will act as national agents for Israeli companies in China

The first of its kind agreement was signed with IT giant Digital China. Both companies were selected in a tender issued by the Israeli embassy in China
31.10.06 / 00:00
New initiative: Chinese companies will act as national agents for Israeli companies in China
31.10.06
New initiative: Chinese companies will act as national agents for Israeli companies in China
•

The first of its kind agreement was signed with IT giant Digital China. Both companies were selected in a tender issued by the Israeli embassy in China
 
A new initiative was recently launched at the Ministries of Finance and Industry, Trade and Labor to encourage Israeli exports to China.
 
Accountant General, Dr. Yaron Zalika, signed last week an agreement with two Chinese companies which will act as "national agents" for Israeli companies and will help Israeli firms penetrate the market in China.
 
The first of its kind agreement was signed with IT giant Digital China.
 
Digital China is an information technology services company dedicated to the advancement of digitization in China. The company is currently the largest IT products distributor and systems integrator in China.
 
China International Engineering Consulting Corporation (CIECC), China's largest business consulting company will also sign a similar agreement.
 
Both companies were selected in a tender issued by the Israeli embassy in China. According to the agreement, Digital China will receive a fixed fee, two-thirds will be financed by the Ministry of Finance and one-third by the Israeli companies receiving the marketing assistance as well as payment from the companies when sales begins.

 

More articles that may interest you
The rankings are drawn from a combination of publicly available hard data and the results of the Executive Opinion Survey
World Economic Forum: Israel is one of the world's most competitive economies
Zim has a 55% share in the plant together with local companies. The project will have an annual production capacity of 150,000 TEUS
Zim invested $100M in Chinese container plant
Connexion by Boeing is a mobile information services provider delivering real-time, high-speed connectivity to airline passengers
El Al long-range passengers to lose Connexion by Boeing mid-air High-Speed In-flight Internet
Israel imported, during the first quarter of this year, 54 million items of apparel from China worth $80 million, 34% more than during the corresponding quarter of 2005
Textiles manufacturers: Chinese textiles "floods" local market
In a detailed report the CBS noted that high-tech output rose by an annualized 14.7%. High tech exports rose by 29%
CBS: Q2 - Industrial exports up 19.5%
Amos Uzani, Port of Haifa dorector manager, said that since the crisis began, Haifa Port had lost over NIS 30 million revenue mainly due to the fact it was operating at 15-20% of capacity
Haifa Port: Estimated revenue loss of NIS 30 million
More news from Industry & Trade Section
>Central Bureau of Statistics: September CPI down by 0.9%/23.10.06 >D&B Israel: September Procurement Managers Index rose 8.7%/23.10.06 >MAI: Industrial exports fell by 3% during July-August/23.10.06 >Prof. Zvi Eckstein: “Israel’s GDP per capita could be 80% of that of the US”/23.10.06 >CBS: Imports recovered after second Lebanon war in July-August/16.10.06 >FICC: 53,000 new commerce and service jobs in the period January-July 2006/16.10.06 >“Euromoney” ranked Israel in 40th place among 185 countries/16.10.06 >Manpower: demand for workers up 10% in September/16.10.06 >Recycling in 2005 was 23% of all refuse/09.10.06 >OECD- Israel places seventh for growth compared to 30 of the organization members/09.10.06