Israel medical fair highlights important trade relationship
Israeli General Consul in Shanghai, Eyal Propper, spoke highly of Israel and China's collaboration and is eyeing a boost in the trade of medical equipment in the coming years.
"We think it's the right time for this kind of good cooperation as Chinese hospitals are now more willing to spend on high-end medical devices and equipment."
He said that the trade of medical equipment between the two countries is very important, and one of the key aspects in the "innovative strategic partnership."
China and Israel announced a comprehensive partnership during Israeli Prime Minister Benjamin Netanyahu's visit to Beijing in March last year.
In 2017 Israel's exports to China amounted to US$3.3 billion, or 5.5 percent of its overall export, with top segments including electronic equipment, medical and technical equipment and machinery.
"Medical equipment could be a major point of Israel's export to China and this can bring something new to Israel and China's relations," Propper said.
A total of 22 Israeli exhibitors are present at the China International Medical Equipment Fair, the biggest so far in terms of exhibition space and the number of booths.
They are organized by the Ministry of Economy and Industry, the Israel Export & International Cooperation Institute and the Ministry of Health.
The CMEF is the biggest exhibition of its kind in Asia, covering 220,000 squaremeters and more than 4,000 exhibitors.
An intelligent healthcare equipment exhibition hall was also set up where new technology upgrades including robotic surgery, virtual reality and augmented reality‘s application in the healthcare segment, wearable medical devices and cloud computing health management platforms.
