On March 29, 2016, Vice Premier Liu Yandong and Prime Minister Benjamin Netanyahu of Israel co-chaired the 2nd meeting of the China-Israel Joint Committee on Innovation Cooperation in Israel.

Liu Yandong expressed that deepening innovation cooperation is an important consensus of Chinese and Israeli leaders. Since the Joint Committee held its first meeting last January, China and Israel have made phased achievements in practical cooperation in the fields of science and technology, education, culture, health care, local cooperation and others. In particular, the innovation cooperation has displayed fruitful highlights. The institutionalization level has been enhanced constantly, the platform construction has been pushed continually and friendly exchanges have been intensified consistently. Both sides should further strengthen the function of overall planning and the role of coordination of the Joint Committee, and constantly expand the space for innovation cooperation. First, both sides should lift the height of strategic docking, improve the mechanisms for innovation cooperation, enhance the docking of innovation strategy, and propel the fusion of Israel's experience and technology of "country of innovation" with China's implementation of innovation-driven development strategy, so as to forge more growth points of cooperation. Second, both sides should extend the range of practical cooperation and explore new models and ways to constantly raise the cooperation level in multiple areas including modern agriculture, clean energy, biological medicine, advanced manufacturing and utilization of water resources. Third, both sides should increase exchanges and mutual learning, mutually draw on helpful experience, and reinforce the docking of innovation resources of the two countries such as science and technology, markets and capitals. Fourth, both sides should intensify collaborative problem-tackling, continue to strengthen frontier and original joint researches, co-construct joint labs, incubators for innovation and entrepreneurship, and platforms for commercial and trade cooperation so as to exploit global innovation market.

Liu Yandong and Benjamin Netanyahu jointly attended the release ceremony of the China-Israel Changzhou Innovation Park and other projects, and witnessed the signing of 13 cooperation agreements on visa facilitation, scientific research, agriculture, higher education, culture and others.