[9] In 2011, Zhang founded the Microsoft venture Accelerator in Beijing, and has become one of the most vibrant start-up engines in China with over 200 companies incubated over the years.

He became an IEEE Fellow in 1997 for contribution to and leadership in the development of digital video compression and communications technology, standards, and products,[17] at the age of 31, making him the youngest scientist winning this honor in the 100+ year history of the organization.

Upon his winning of "Outstanding Young Electrical Engineer Award" in 1998, Zhang received a congratulation letter from then US president Bill Clinton, praising him as "an inspiration for others".

[23] Zhang is a member of the Committee of 100, a group of leading Chinese-Americans to promote the cultural, scientific, social, and economic exchanges between the US and China.

The France China Foundation encourages the development of relationship between French and Chinese leaders, to stimulate their interest in the other country and to inspire them to set up joint projects.