An agreement has been signed to establish the Sino-Israel Modern Agricultural Industrial Park in Harbin, capital city of Northeast China’s Heilongjiang province. The deal was signed at the 2018 China(Harbin)-Israel Modern Agriculture Summit Forum held in Harbin on Jan 23.

The deal is expected to boost communications and cooperation between the two sides in modern agriculture.

The park will cover an area of 3.32 million ($591,000) square meters with a total investment of 5.6 billion yuan.

Around 150 agricultural experts and business representatives attended the forum, including from Israel, Ukraine, Turkey and Serbia.

Israel has the most advanced agricultural technologies, and enjoys a great reputation for its drip irrigation technology, soil cultivation and animal husbandry. Meanwhile, Harbin has vast and fertile blackland due to its location. The agreement between the two sides will enable the two to utilize their complementary advantages.

The deal is also in line with Harbin’s strategy to develop its agricultural sector through supply-side reform.

The signing ceremony for the Sino-Israel Modern Agricultural Industrial Park takes place in Harbin on Jan 23.[Photo/Chinanews.com]

The 2018 China(Harbin)-Israel Modern Agriculture Summit Forum is held in Harbin on Jan 23.[Photo/Chinanews.com]