‘Science and technology constitute a primary productive force,” as China’s revered late leader Deng Xiaoping famously opined. It is a world-wide common understanding that innovation is an important impetus of development, and both Chinese and Israelis are imbued with that creative spirit. China’s Four Great Inventions – compass, gunpowder, papermaking and printing – contributed greatly to the advance of human civilization. Now the second-largest economy, China is vigorously implementing an innovation-driven development strategy and promoting the building of a community with a shared future for mankind. The establishment of China-Israel Innovative Comprehensive Partnership is boosting innovation cooperation and bringing more benefits to the two peoples, as Chinese President Xi Jinping said. In March 21, 2017, President Xi Jinping and visiting Prime Minister Benjamin Netanyahu announced an Innovative Comprehensive Partnership (ICP) in Beijing. According to the joint statement, the two countries agreed to step up innovation cooperation and exchanges among young technological personnel.The China-Israel Joint Committee on Innovation Cooperation is an important government-to-government cooperation mechanism between Israel and China, with the first JCIC meeting held in Beijing in January 2015. The committee encompasses a number of ministries and governmental agencies and is dedicated to promoting innovation cooperation in various fields, including science and technology, education, culture, healthcare, commerce, agriculture, intellectual property protection and so on.The JCIC has birthed a host of hi-tech cooperative ventures. Dozens of joint research programs were funded, more than 300 matchmaking events have been held, and a number of innovation centers were established, like the China-Israel Innovation Cooperation Center and the Changzhou Innovation Park.The China-Israel Changzhou Innovation Park (CIP) is located at the West Taihu Lake S&T Industrial Park, Changzhou City, Jiangsu Province. It was co-established by the governments of the two countries after the first JCIC meeting. By providing professional services, financial support, working space, etc., the CIP serves as a platform for Israeli industrial companies to grow together with their Chinese partners.Additionally, Chinese enterprises are establishing their innovation centers in Israel, such as Techcode, Haier, Hisense and DayDayUp. Alibaba also announced its plan to open an R&D lab in Israel, which will be one of its international lab network called DAMO – Academy of Discovery, Adventure, Momentum and Outlook. As President Xi Jinping said, “China will not close its door to the world, we will only open the door wider.” While China is implementing the innovation-driven development strategy and the Belt and Road Initiative, its development will bring more favorable conditions, a broader market and more diversified business opportunities to the world. In the future, the innovation cooperation between China and Israel will further unleash their great potentials and benefit the two peoples and beyond.