From November 13th, 2016 Israelis will be entitled to apply for a multiple entry visa to China. Israel is the third country to secure this arrangement after the USA and Canada. It shows the tight economical link between the two countries. 25% of investments in Israeli high-tech comes from Beijing and Hongkong. While this will benefit Israeli businessmen, this will also hopefully increase the number of Chinese tourists in Israel. Currently there are about 30,000 Chinese visiting Israel each year. This number is supposed to increase to 100,000 within three years.