Fifteen Israeli companies from the life sciences and information communications technology (ICT) sectors took part in a roadshow to China as part of a delegation organized by the Israel Innovation Authority together with the Chinese Ministry of Science and Technology.
The participants were selected out of 40 companies by Chinese investors, who visited Israel in July and took part in a preliminary pitching event organized by Israel Innovation Authority. More than 160 Israeli companies signed up to pitch their technologies to the investors. The 15 Israeli companies selected were thought to have the technologies that are most interesting for and relevant to the Chinese market.
During the roadshow, the Israeli companies visited Changzhou (in Jiangsu Province), Shanghai and Beijing and held more than 100 business-to-business B2B meetings to promote various forms of cooperation. In Changzhou and Beijing, the companies also took part in pitching events, presenting their products and technologies to dozens of investors, investment groups and companies such as conglomerate Fosun International, VC fund Ping An Ventures, private equity firm Go Capital and Sanpower Group, the Innovation Authority said in a statement.