Tel Aviv, Israel, May 4, 2014 --- Infinity Group announced today it organized and hosted a successful Chinese business delegation trip to Israel led by Mr. Xu Xiaoping and Mr. Niu Wenwen. Mr. Xu is the founder of the ZhenFund and one of China’s foremost angel investors. He is also the co-founder and former vice chairman of New Oriental (NYSE: EDU), the largest provider of private education in China. Mr. Niu is the publisher and creator of The Founder magazine. Mr. Niu joined the Economic Daily Group in 1991 and is a three-time winner of the “China News Prize”.
Mr. Xu and Mr. Niu led a group of 20 top level entrepreneurs and CEOs on a week-long visit to Israel, planned by Infinity Group’s cross-border liaison Mr. Yuval Reisman. Participants learned first-hand about Israeli culture and its vast community of start-up companies.
The schedule included a meeting with Prime Minister of Israel Benjamin Netanyahu, who highly praised the potential relationship between Israel and China and the leadership capabilities of the delegation members. Prime Minister Netanyahu visited China on his first official visit last summer. During their stay in Israel the delegation also visited Google, Wix, Waze, Iron Source and other leading companies.
Mr. Xu said, "I am deeply impressed by the entrepreneurial spirit of the Israeli people and strongly believe in the future cooperation between Israeli and Chinese startups. I will actively support this cooperation."
"We plan to organize more delegations to Israel based on our successful experience with Infinity and Israel,” said Mr. Niu.
Mr. Amir Gal-Or, founder and managing partner of Infinity Group said, “It was a privilege to host such and an esteemed delegation. And, it would be our honor to work with Mr. Xu and Mr. Niu on new ventures to further strengthen the cooperation between Israel and China. Among other initiatives, we look forward to arranging many more similar trips to Israel for our Chinese friends in the future.”