WATCH LIVE: Chinese VP addresses Israel Innovation Summit

The Israeli Innovation Center at the Peres Center for Peace and Innovation will for the first time convey under one roof the remarkable story of Israel as a nation of innovation.

Vice President of the People's Republic of China Wang Qisham [L] and Prime Minister Benjamin Netanyahu [R] (photo credit: AMOS BEN-GERSHOM/GPO)
Vice President of the People's Republic of China Wang Qisham [L] and Prime Minister Benjamin Netanyahu [R]
(photo credit: AMOS BEN-GERSHOM/GPO)
Chinese Vice President Wang Qishan participated in the launch of the Israeli Innovation Center in Tel Aviv Thursday morning. The Jerusalem Post broadcasted a live stream of the event.
Located at the Peres Center for Innovation and Peace in Tel Aviv, the Israeli Innovation Center is the fulfillment of former president's Shimon Peres' vision.
"Peres was a close friend of China," said Qishan. "His intelligence, wisdom and vision brought the two countries together."
"Israel is known in the entire world by its innovative character," said Qishan, adding that innovation is what drives both Israel and China, pointing out the importance of collaboration between them.
Prime Minister Benjamin Netanyahu also reinforced Israel's determination to create strong bonds with China.
The event will also host Jack Ma, founder of the Chinese Internet giant Alibaba, Eric Schmidt, former CEO of Google and founder of venture capital fund Innovation Endeavors, and other entrepreneurs, investors and researchers from dozens of countries.

The Israeli Innovation Center at the Peres Center for Peace and Innovation will for the first time convey under one roof the remarkable story of Israel as a nation of innovation. Spectacular displays of the cutting edge of Israeli technological developments that have changed the world will be seen in exhibitions spanning four floors, and will showcase the innovative genius that transformed Israel into the Start-Up Nation so admired throughout the world.
Representatives, models, prototypes of Israeli inventions, as well as iconic entrepreneurs appear as interactive holograms telling their stories. The exhibition includes a floor dedicated to current start-ups presenting the latest innovations in their fields, as well as a floor that simulates a time capsule where visitors can explore future Israeli inventions that are in the beginning stages.
Greer Fay Cashman contributed to this report.