The city of Chengdu, located in the province of Sichuan, which is one of the three most populated cities in Western China, plays a key role in China’s “One Belt, One Road” strategy and is a great contributor to Sino-Israeli relations.

Following the completion of strategic agreements between the city of Chengdu and Compass Ventures, a Chengdu delegation, led by the Chengdu Vice Mayor, Mr. Gou Zhengli visited Israel.  During their visit, they were able to explore the country, its culture, and meet with Compass’ strategic technological partners. Additionally, they visited to the city of Haifa, which is Chengdu’s sister city.

During their stay, the Chengdu delegation also took part in a private Compass event, in order to network with Compass’ partners.  This event hosted many key people which included senior executives, key politicians, technological companies, university elite, former national security commanders, and important Compass personnel that included Major General (ret.) Giora Eiland, the former head of Israel’s National Security Council and the President of Compass HLS, as well as Mr. David Leffler, the former head of the Ministry of Environment and former Head of the Ministry of Science and Technology.

Dr. Ronen Dagon, Chairman of Compass, Mr. Moshe Kamar, CEO of Compass,Major General (Ret.) David Tsur, CEO of Compass IDS, Mrs. Zhou Hongyi, Compass Business Development Director, Mr. Gou Zhengli, Vice Mayor of Chengdu, Mr. Zeng Xin, Vice Party Secretary of Longquanyi District, Mr. Zhao Qing, Tus Material President, Mr. Peng Jinchuan, Chairman of TusSichuan, Mr. Wang Shiqi, Vice President of TusDigital, Mr. Zhao Haoshen, Investment Director of TuSincere.

At the event, the Vice Mayor of Chengdu mentioned that both Chengdu and Israel both have a history of over two thousand years. He also mentioned that Chengdu, as one of the largest tier one cities in China, as well as a leading developer is well prepared to collaborate with Israel on their mutual passion for innovation and entrepreneurship.

Dr. Ronen Dagon, Chairman of Compass Ventures, agreed that the time is right to strengthen innovation and cooperation ties between China and Israel. He was quoted as saying “Thanks to Chengdu’s support and collaboration there is substantial potential to create many joint innovative activities such as the creation of many China-Israel industrial parks, investment funds and joint academic activities.”

Dr. Ronen Dagon, Chairman of Compass, Mr. Moshe Kamar, CEO of Compass and Mr. Zeng Xin, Mayorof Chengdu.

Mr. Moshe Kamar, CEO of Compass, emphasized that Israel’s most innovative companies are now looking to work with China more than ever before. They there is an understanding that win-win opportunities are available for cooperation, and that the founders of Israeli technology companies are excited to be exposed to the larger-scale Chinese market.

Mr. Moshe Kamar, CEO of Compass Ventures and Mr. Wang Shiqi, TusDigital Vice President.