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China's Jiangsu Province Sets Up Tel Aviv Innovation Center
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Israel Jiangsu Center is paving the way for Israeli firms entering the Chinese market. Jiangsu is one of China’s main tech and business hubs, and the local government has been active within the Israeli tech ecosystem in recent years, having backed 65 research and development joint projects.
The Israel Innovation Authority, and the Jiangsu Science and Technology Department (JSTD), on behalf of the government of Jiangsu province, operate a cooperation agreement targeting industrial R&D projects between Israeli companies and Chinese companies from Jiangsu. This bilateral program is an outcome of a memorandum of understanding (MoU) between the State of Israel and China’s Jiangsu province in 2008.