President Moshe Katsav dedicated a new Israeli embassy to China at a ceremony in Beijing last Friday.



During his visit to China, Katzav also met with Chinese President Wen Jiabao, who told Xinhuanet Chinese news agency that, “As long as China and Israel grasp opportunity, trade and economic progress, cooperation will be upgraded to new heights.”



The Chinese president also said that trade volume between China and Israel has increased 13 times since the two countries opened diplomatic ties. He said Israel and China have launched cooperative research on water resources, biology, and nano-technology.



President Katsav said that both Jews and Chinese have contributed to the civilization of humanity, and that cooperation between Israel and China has great potential, particularly in economic and trade cooperation as well as scientific research. Katzav also said Israel and China had cooperated well over the past 10 years and the two countries have enjoyed common interests and have a bright future for cooperation.



Katzav was accompanied by the President of the Israel National Academy of Science Ya'akov Ziv, Likud Party Chairman of Parliament Lawmaker Gidon Saar, Labor Party Chairman of Parliament Lawmaker Daliah Itzik, General Director of the Israeli Industrialist Union Yoram Blizovski, and Chairman of the Israel Export Institute Shraga Barush.

During the week-long visit Katsav met his Chinese counterpart Hu Jintao, Chinese Prime Minister Wen Jiabao, and Chinese parliamentary chief Wu Bangguo.



Katzav also met with members of China’s Jewish community in Shanghai. Jewish life in Shanghai dates back to the beginning of the century, but virtually disappeared following the Holocaust.



Israel was the first country in the Middle-East to recognize the People's Republic of China at its inception in 1950. However, full diplomatic relations between the two states were only established in 1992, as a result of negotiations that began in the mid 80s.



A representative office of the Israeli National Academy of Science in was opened in Beijing in February 1990, with China opening a China International Tourist Service (CITS) agency in Tel-Aviv headed by an official of from the Chinese Foreign Ministry.



On January 23rd, 1990, Israel’s then-Foreign Minister David Levy, and China’s Foreign Minister Qian Qichen signed an agreement establishing diplomatic relations between the two states.



Following the opening of the Embassy of Israel in Beijing in 1992, Israel opened the Consulate General of Israel in Shanghai in 1994, focusing mainly in promoting commercial, technical cooperation as well as cultural activities of Israel in the city and neighboring provinces (Jiangsu, Zhejiang, and Anhui).



On July 1st 1997 with the return of Chinese sovereignty over Hong Kong, the Consulate General of Israel in Hong Kong was accredited by the Chinese Ministry of Foreign Affairs in Beijing.



In Israel a special council for the promotion of the relations with China has been established and Shimon Peres has been elected to serves as the honorary president.