During the visit of a delegation of high officials from China’s highest strategic planning body led by China’s National Development and Reform Commission (NDRC) Vice Chairman Zhang Xiaoqiang to Israel, to enhance cooperation, a memorandum of understanding was signed between Zhang Xiaoqiang and Israel’s Ministry of Industry, Trade and Labor. This association aims to bring about cooperation between China’s economic strategic planners and Israel. It is being viewed as a step to enhance business relations between the two countries and improve trade conditions.