On June 19th, the 10th Anniversary Commemoration Ceremony of the "Chunhui Cup" China Returned Overseas Students' Innovation and Entrepreneurship Competition and the launch ceremony of the 2015 China-US Youth Maker Competition were held in Pittsburgh, USA. Representatives from academia and the business sectors of both China and the US agreed that young entrepreneurs and makers from both countries have caught a favorable opportunity and are becoming a new highlight of cultural exchange between China and the US. Intel CEO, Brian Krzanich, said: "China is already one of the global innovation centers. We are excited to contribute to the maker movement and cultural exchange between young people in China and the US. We hope to support innovation through the company's advanced technology, global vision, and international resources, and build a bridge for international exchange and cooperation among young innovators from both countries."

　　As one of the important supporting activities of the high-level consultations on cultural exchanges between China and the US, the China-US Youth Maker Competition this year focuses on community, education, health, transportation, environmental protection, energy, and other sustainable development fields, combining innovative design concepts and cutting-edge technologies to create new products or applications with both industrial and social value. According to the competition process, the winning teams from the different competition areas in China and the US will have a final competition in China in mid-August this year.

　　In the past 10 years, the "Chunhui Cup" Innovation and Entrepreneurship Competition has selected 1654 innovation and entrepreneurship projects from returned overseas students, among which more than 300 projects have been incubated domestically, covering various fields such as electronic information, biomedicine, new materials, and new energy. In the previous nine competitions, projects from returned overseas students from the US accounted for 41.5%, and a North American competition area was added for the first time this year.

　　Pittsburgh was once a famous industrial city in the US, known as the "Steel City." However, industrial development also brought a lot of smoke and dust to the city. With the decline of the steel industry, Pittsburgh's development also lost its luster for a period of time. Local people told reporters that now, relying on finance, healthcare, and manufacturing, Pittsburgh, located in the US "Rust Belt," has successfully transformed into a well-known innovation and entrepreneurship capital in the US, achieving a "double harvest" of prosperity and green development. The launch ceremony of the China-US Youth Innovation and Entrepreneurship Project held here this year has a special meaning.

　　Lei Bao, a Master of Business Administration student at the University of Bridgeport, USA, is a winner of the ninth "Chunhui Cup." Her winning project will soon land in Nanjing. Through participating in the "Chunhui Cup" Innovation and Entrepreneurship Competition, Lei Bao deeply realized that China is in a period of entrepreneurial opportunities, especially with the national policy support for mass entrepreneurship and innovation. Lei Bao said that the cooperation between China and the US has shifted from economy to innovation and creativity, and both sides have a lot to learn from each other. China's learning from the US's experience in cultivating entrepreneurs throughout society will also help the American people to experience the ability of Chinese people in innovation and entrepreneurship up close. Taking mobile internet as an example, Chinese people are more confident in this field, and the US should learn from China instead, thus further promoting equal competition and equal dialogue between China and the US.

　　Nathan Smilyak, a biomedical engineer at the University of Pittsburgh, as a representative of American young makers, said in an interview with this reporter that although there are differences in history, culture, and development stages between the US and China, these differences also mean opportunities for complementarity and cooperation. The exchange of ideas between young people from both countries in innovation and entrepreneurship is conducive to promoting mutual understanding and cultivating a group of young talents with innovative consciousness and international vision. He is confident that this cooperative force will inevitably have a positive and profound impact on the next generation of both countries. More importantly, in various cutting-edge fields such as new energy, the US and China, working together, can also provide innovative solutions to common challenges faced by countries around the world.