JERUSALEM, Aug. 20 (Xinhua) -- Israel's Bar Ilan University (BIU) announced on Tuesday that it will establish a nanotechnology excellence center in collaboration with the Chinese Academy of Sciences (CAS).

The new excellence center at the BIU will include a laboratory to focus on nanomedicine research and two-dimensional (2D) materials engineering, mainly producing the 2D material graphene.

According to BIU, the main task of the joint research lab is to integrate teamwork of Chinese and Israeli researchers with the participation of industrialists from both countries.

"The center will have the most advanced world-class research, which carries unprecedented technological potential, and will significantly advance the scientific relations between China and Israel," BIU said.

The agreement between CAS and BIU for the establishment of the new center was signed at China's National Center for Nanoscience and Technology in Beijing, capital of China.