Signing of Matrix Global’s agreement in China 370.
(photo credit: Shai Eithan)
The City of Changzhou in China strengthened its burgeoning business relationship
with Israel this week, agreeing to the construction of a development center for
vocational training by leading IT firm Matrix Global’s offshore outsourcing
The memorandum of understanding, signed by Changzhou Mayor Yao
Xiaodong and Matrix Global CEO Eran Lasser in Tel Aviv on Sunday, paves the way
for Matrix and subsidiary John Bryce to select outstanding Chinese program
engineers for a one-year course. The center will train participants in various
technologies, teamwork and English and engage them in real projects.
agreement comes not long after Changzhou, a city of 4.4 million people located
45 minutes by train from Shanghai, was selected to pilot China’s new national
strategy for vocational training technology.
institutions instruct a combined 76,000 students, and officials that will grow
to 100,000 in the coming years.
Yao said the deal would benefit Changzhou
directly by ensuring the upgrade of its IT industry and would encourage
cooperation with other Israeli hi-tech companies. He listed biopharmaceuticals,
photovoltaics, wind power and carbon- fiber technology as areas in which
Changzhou and Israel could find common ground.
“Israel is very strong and
has enormous capabilities in all these sectors but is limited in [terms of]
human resources, land space and market,” Yao told The Jerusalem Post through an
interpreter. “We realize that your innovation sectors would like to find
partners outside of Israel, and we hope to integrate Israeli technology with
The development center would operate similarly
to existing centers in Israel, Bulgaria, Ukraine and the former Yugoslav
Republic of Macedonia, Lasser told the Post, adding to the range of solutions
the company offers its clients. The main challenge would be to find the right
talent pool of skilled Chinese software engineers, he said. But once this is
achieved, the first training course could open by the end of this year, he
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Like many other Israeli companies looking to obtain a foothold in
the Chinese market, Matrix Global is being assisted by Shanghai-based Israeli
firm PTL Group. PTL founded an industrial incubator in Changzhou’s Wujin
Economic Zone last July to cater to Israeli firms that are new to
The Changzhou Industrial Incubation Initiative is now home to
several Israeli firms, and additional zones are being planned for Israeli-owned
manufacturing plants and Israeli companies that already have a China presence.
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