The InnoAlliance Germany China Innovation Competition is hosted by the China Science and Technology Exchange Center (CSTEC), supported by the Ministry of Science and Technology of People’s Republic of China (MOST), organized by the German Startups Association and the International Technology Transfer Network (ITTN) and co-organized by the Chinesische F&E Innovationsunion in Deutschland e.V. (CFEID e.V.) In 2014, the China-Germany All-Round Strategic Partnership was officially established and at the 9th German and Chinese Forum for Economic and Technological Cooperation, the ITTN and the German Startups Association concluded a strategic cooperation agreement under officials witness. The goal is to give innovative German companies the chance to connect with Chinese partners and investors and to enhance the relationships and collaborations between German and Chinese companies.