Invited by the Israeli Ministry of Economic Affairs, Wang Minzheng, director of the Kunming Hi-Tech Zone, led a delegation to Israel from Nov 24 to 28 to exchange views on development and attract foreign investment.

Wang said at the Sino-Israeli Entrepreneur Seminar on Nov 27 that the delegation from the Zone was really glad to be invited to Israel, one of the leading countries in innovative industries and expressed his gratitude to the Israeli Federation of Industry and Commerce and several enterprises for their careful preparations to receive them as guests.

Wang Minzheng (left), director of the Kunming Hi-Tech Zone, is warmly welcomed by the Israeli Federation of Industry and Commerce on Nov 24 in Israel. [Photo/kmhnz.gov.cn]

Wang later explained the development of the bioengineering and pharmaceutical industry and water industry in Yunnan. Depending on the rich natural resources and first-class R&D level, the Kunming Hi-Tech Zone has developed the pharmaceutical industry as its pillar industry. Yunnan Baiyao Group, Bayer-Dihon Collaboration Co, Kunming Pharmaceutical Industry Group, and Walvax Biotechnology Co – the best enterprises in this field – are flourishing in the Zone.

Yunnan has abundant water resources, whose total amount ranks third in China. However, as a result of pollution and uneven distribution, water problems became the biggest concerns of people there. To deal with those problems, the Kunming Hi-Tech Zone built China’s first Water Technology Park to focus on integrated water management and efficient utilization, water technology equipment manufacture, and water environment protection. At present, nearly 100 water technology enterprises have gathered in the Zone to develop the promising emerging industry.

Wang Minzheng (middle) has a discussion with an Israeli entrepreneur on Nov 24 in Israel. [Photo/kmhzn.gov.cn]

To boost its development, the Kunming Hi-Tech Zone needs to cooperate with strong partners, Wang said at the meeting. And Israel has always been leading the bioengineering and pharmaceutical industry and water industry in the world. Cooperation between Israel and the Zone must bring about great success for both sides. Wang, on behalf of the Zone, sincerely invited Israeli entrepreneurs to invest in Kunming and the Zone promised to provide the enterprises with superior services and build an excellent investment environment for all.

By Shi Zihan and edited by Brian Salter