Chief Executive CY Leung continued his visit to Israel with a tour of a leading technology company in Jerusalem specialising in the development of automobile driver assistance, and was taken for a drive in an auto-pilot car.
He also visited Hebrew University of Jerusalem, where he learned about its success in developing a technology transfer company and how it can lead to new inventions.
He then attended a business dinner hosted by Israeli Deputy Foreign Minister Tzipi Hotovely.
Mr Leung noted in his speech that trade between Hong Kong and Israel expanded by an average of 14% annually over the past five years, adding that Hong Kong was Israel's third-largest trading partner and second-largest export market in 2013.
"We have what the Israeli companies need for their ambitions in the region: the capital, the expertise and the connections to market your technology and innovation in the Mainland of China and throughout Asia," he said.
Mr Leung added that Hong Kong is one of the world's major financial centres, and China's international financial centre, and as a fund-raising hub for local and overseas companies, the city is perfectly placed to help Israeli companies raise investment capital in Asia.
He said the two places could also enhance co-operation in the people-to-people sector, particularly for young people.
