Tel Aviv University and Tsinghua University in Beijing signed a memorandum of
understanding for “strategic cooperation in innovative research and education
for the mutual benefit of both nations.”
The schools intend to establish
a joint research center to serve as an international hub for scientific and
technical innovation, according to the memorandum, which was signed in Beijing
in the presence of the universities’ presidents, Ambassador to China Matan
Vilna’i and leaders of the Israeli business community in Beijing.
center will aim to “advance interdisciplinary research, provide optimal
conditions for creativity, and promote activity in fields that can truly impact
society in both countries and the entire world,” and will include input from
academia and industry representatives. It will be at Tsinghua University, but
research will also be conducted at Tel Aviv University.
said they would recruit “the best minds” in Israel, China and the rest of the
world to work at the center, which will initially focus on fields that enjoy
accelerated development in both Israel and in China, such as nanotechnology, but
in time will expand to other fields of science.
To seed ventures
initiated by XIN fellows, an investment fund of RMB 100 million – more than
$16m. – will be set up by the Israeli-Chinese private equity fund Infinity
Group. Investors in the fund will include the Beijing government and alumni of
Tel Aviv University President Joseph Klafter said
the memorandum was “an exceptionally important agreement, opening new horizons
for Israel and Israeli society.
“The establishment of the XIN Center is
evidence of the considerable esteem in which the Chinese hold Israeli innovation
and the high academic standards of Tel Aviv University,” Klafter
Prof. Chen Jining, president of Tsinghua University, stressed the
importance of cultivating innovative future scientists and leaders and added
that his institution was ready to work with Tel Aviv University to push forward
cross-disciplinary research and explore ways to answer global
Avi Hasson, chief scientist of the Economy and Trade
Ministry, said the cooperation agreement was “an excellent model for
multifaceted collaboration in our modern technological world between academic
institutions and industry on an international level.” He congratulated the
parties and wished them a “fruitful and successful collaboration.”
Stay on top of the news - get the Jerusalem Post headlines direct to your inbox!