Israel was among the first countries in the world to recognize the People's Republic of China in January 1950, but official relations were established only in 1992. Since then, substantial links have been created between the two countries, as many agreements were signed in the areas of trade aviation, culture, and scientific cooperation. A bina-tional research and development foundation was established; bilateral agricultural, dual taxation, and investment encouragement agreements also were signed. Numerous reciprocal ministerial visits have taken place. Some progress has also been made in the area of strategic arms sales.
Historical Dictionary of Israel. Bernard Reich David H. Goldberg. Edited by Jon Woronoff..