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Monday, March 20, 2017
PM Netanyahu Meets with Top Chinese Corporate Leaders

PM Netanyahu Meets with Top Chinese Corporate Leaders
(Communicated by the Prime Minister's Media Adviser)

Prime Minister Benjamin Netanyahu, this morning (20 March 2017, China
Standard Time), met with the heads of China's largest corporations, each of
which has a turnover of tens of billions of dollars. Among those present
were the chairpersons of Wanda, Alibaba, Wahaha, Lenovo and Baidu.

The Prime Minister expressed Israel's willingness to continue opening to the
Chinese market and to increase bilateral trade. He presented the
attractiveness of investing in Israel as well as its unique human capital.

Accompanying Prime Minister Netanyahu are Economy Minister Eli Cohen,
Environmental Protection Minister Zeev Elkin and Health Minister Yaakov
Litzman. The Prime Minister called on them to cooperate with Israeli
companies in Israel, in China and in other countries around the world.

Afterwards, Prime Minister Netanyahu attended a business / economic forum
with over 600 Israeli and Chinese businesspeople. He called on the Chinese
businesspeople to adopt Israeli technology in order to continue to raise the
standard of living in China.

The Israeli delegation to the forum – organized under the aegis of the
Export Institute – is composed of dozens of businesspeople from a variety of
industries and companies (including IDE, Bank Leumi, Bank Hapoalim, Tnuva,
NaanDanJain and others) that either operate in China or are interested in
penetrating the Chinese market. Delegation members are due to meet with
hundreds of Chinese businesspeople.

The forum was organized by Economy and Industry Ministry commercial attaches
at Israel's missions in China

Prime Minister Netanyahu:

"I just met with 11 heads of the largest corporations in China. A major
portion of them are investing in Israel and a major portion of them will
invest in Israel. This means jobs, the development of businesses and a link
to the major Chinese markets. This is good for the citizens of Israel and
for the Israeli economy. I told them that in today's world there are several
concentrations of technology, not many, the US, Israel, and Israel is open
for business with China."

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