Israeli traders have shown increasing interests in China's Canton Fair, Israeli merchants and the fair organizers said in a promotion event held in Tel Aviv on Thursday.
"I've heard a lot of good things (from Israeli traders) about the fair, about its volume, its size, etc," said Rona Kotler-ben Aroya, director of the Asia and Oceania Division of Israel's Ministry of Industry, Trade and Labor.
"I believe that the Israeli business community can find a lot of options and opportunities in this fair," she added.
According to the organizers, some 1,311 Israeli businessmen attended the last session of Canton Fair this May, an increase of nearly 30 percent.
Also known as China Import and Export Fair, Canton Fair is the largest of its kind in China. Held twice a year in China's southern city of Guangzhou, it draws over 22,000 exhibitors and 200,000 overseas buyers from more than 200 countries and regions at each session.
Thursday's promotion event for the 110th Canton Fair, scheduled from mid-October to early November this year, was attended by some 200 Israeli businessmen from various sectors.
The Chinese-Israeli economic and trade cooperation has seen a rapid development during the past years. The trade volume reached 7.65 billion U.S. dollars in 2010, nearly 150 times of the number in 1992, when the two countries established diplomatic relations.
"Now, the economic and trade cooperation between the two countries has entered an excellent period, with a good momentum," said Hu Ming, China's commercial counsellor in Israel.
The cooperation in the high-tech industry is expected to become the next focus for both sides, he added.
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