Sino-Israeli business ties set to strengthen with focus on innovation

China's investment in Israel is expected to grow quickly, as the two countries beef up cooperation in areas such as technology, medical devices and water management, a senior Israeli official said on Tuesday.

Amit Lang, director general at Israel's Ministry of Economy and Industry, said in an interview with China Daily: "China's investment in Israel is growing rapidly and we believe the trend will be more pronounced in the next few years."

According to him, Israel is an ideal place for China to make investments because the two countries are highly complementary in industrial structures.