Israel and China have signed an agreement for more Israeli firms to participate in Chinese development projects.
Finance Minister Avraham Shochat and his Chinese counterpart, Liu Zongli, announced the agreement Wednesday at a joint news conference here, adding that the two countries would also together on smaller agricultural, health and infrastructure projects.
During the next 15 years, the World Bank is funding large-scale development projects in China worth $2.5 billion.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.