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New R&D Agreement with Shandong Province of China

Jinan, Shandong Province, China – January 15, 2013 – Official representatives from Israel and from the government of the Shandong province of China gathered in Shandong’s capital city of Jinan to sign a new industrial R&D agreement between the State of Israel and the Shandong Province. Mr. Matan Vilnaee, the Israeli Ambassador to China, signed the agreement on behalf of the government of Israel. Mr. Sun Wei, Executive Vice Governor of the Shandong province, signed on behalf of the Chinese side. Mr. Michel Hivert, Managing Director of MATIMOP, and Mr. Avi Luvton, Executive Director of the Asia Pacific Desk, also participated in the signing ceremony.

This is the second agreement Israel has signed with a Chinese province, following the first of its kind with the Jiangsu province. The agreement extends the existing cooperation platforms with China through the Ministry of Science & Technology and the cities of Shenzhen and Shanghai.

The agreement will start to work as an independent bilateral program once it is ratified in Israel; a first call for proposals is expected to be launched in July 2013.

About Shandong:

The Shandong province population is 96.4 M people and it is ranked 9th place in terms of GDP in comparison to other provinces. The province is highly developed and mostly relevant to industrial R&D. Shandong is one of the richer provinces of China, and its economic development focuses on large enterprises with well-known brand names. Shandong is the biggest industrial producer and one of the top manufacturing provinces in China. In addition, Dongying's oil fields and petroleum industries form an important component of Shandong's economy. In 2011, the nominal GDP for Shandong was 4.50 trillion RMB (US$711 billion), ranking third in the country (behind Guangdong and Jiangsu). Its GDP per capita was 42,014 yuan (US$6,365), ranking eighth.

FOR MORE INFORMATION:

Ms. Merav Tapiero
Program Manager
Asia Pacific Countries
MATIMOP Israeli Industry Center for R&D
Tel.: +972 (0)3 - 5118169
e-mail: merav@matimop.org.il