96 companies set up shop in China

Israeli industry has particular opportunity to expand in electronics and telecommunications, programming, conductors and semiconductors, chemicals, environmental technologies, packing, and plastics, the institute said.

By DANIEL KENNEMER
February 1, 2006 07:10

Ninety-six Israeli companies began operating in China last year, raising the total number 15 percent to 731, the Israel Export Institute said Tuesday. While industrial exports to China dropped 8% to $622 million in 2005, they are expected to rise 15% this year, the institute said. In 2005, food exports to China nearly doubled to $16.3m., metal products imports rose 55.5% to $50m., exports of engines and electronic equipment rose 48% to $6.3m., and chemical products exports rose 28% to $85m. Israeli industry has particular opportunity to expand in electronics and telecommunications, programming, conductors and semiconductors, chemicals, environmental technologies, packing, and plastics, the institute said.


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