BEIJING, July 25 (Xinhua) -- More and more Chinese enterprises are choosing Israel as their investment destinations, according to the official website of the Ministry of Commerce.
In the past 8 to 10 years, China’s investment in Israel kept growing. Although Israel's current investment is mainly from itself, Europe and the United States, direct investment from China and other parts of Asia has increased significantly.
China’s investment in Israel’s technology industry is quite popular. At present, China's investment in Israel nearly covers all major disruptive technologies, including automation and electric vehicle sectors.
A major reason for China's fast growing investment in Israel is infrastructure investment under the Belt and Road Initiative. Israel has a very important strategic position along the Belt and Road routes. So far, China has made several infrastructure investment in Israel including the on-going construction of railway project between Erlad and Ashdod. (Edited by Ma Xin, maxin11@xinhua.org)
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