FEATURE: Pairing up
Tech July 11, 2017 13:00
By China Daily/ANN
TEL AVIV – China’s appetite for high-tech investment and Israel’s emergence as a global innovation hub make them an ideal match
Chinese companies searching for high-tech investments are increasingly making their way to Israel, a country that in terms of innovation mirrors the East Asian giant’s economic prowess.
China is huge, has an enormous population, very deep pockets and a virtually limitless appetite for investment in later-stage startups that can be scaled up into world-class businesses.
Though Israel is relatively small, it has what may be the best innovation pipeline in the world and tens of thousands of startups powered by an overabundance of serial entrepreneurs. The country is also a hotbed of early-stage innovation in areas as diverse as technology, healthcare and agriculture.