Last updated April 11th 2018
April 10, 2018 | Beijing’s Zhongguancun Science Park (Z-Park), dubbed “China’s Silicon Valley,” is set to open a liaison office in Tel Aviv, Chinese news service Xinhua reported, in an effort to strengthen channels of communication and tap into business opportunities in both countries. The announcement was made this week during a meeting between Tel Aviv Deputy Mayor Doron Sapir and Beijing Vice Mayor Yin Hejun leading a delegation included high-level executives of Z-Park. “Beijing and Tel Aviv, like China and Israel, are completely different in size, but share many common values: adopting technology and modernization, cherishing education, and striving to always improve our municipal systems,” Sapir was quoted by Xinhua as saying. Yin Hejun said, “We are thrilled to announce this liaison office in Tel Aviv, which is the center of the Israeli ecosystem, as another step in the cooperation between our cities, calling the Z-Park as “home to innovation and breakthrough technologies.” This will be Z-Park’s 11th liaison office across the world, according to the report. The tech hub is home to tech giants like Lenovo and caters to some 20,000 tech enterprises.