N‐coordinated transition‐metal materials are crucial alternatives to design cost‐effective, efficient, and highly durable catalysts for electrocatalytic oxygen reduction reaction. Herein, the synthesis of uniformly distributed Cu−Zn clusters on porous N‐doped carbon, which are accompanied by Cu/Zn‐Nx single sites, is demonstrated. X‐ray absorption fine structure tests reveal the co‐existence of M−N (M = Cu or Zn) and M−M bonds in the catalyst. The catalyst shows excellent oxygen reduction reaction (ORR) performance in an alkaline medium with a positive half‐wave potential of 0.884 V, a superior kinetic current density of 36.42 mA cm−2 at 0.85 V, and a Tafel slope of 45 mV dec−1, all of which are among the best‐reported results. Furthermore, when employed as an air cathode in Zn‐Air battery, it reveals a high open‐cycle potential of 1.444 V and a peak power density of 164.3 mW cm−2. Comprehensive experiments and theoretical calculations approved that the high activity of the catalyst can be attributed to the collaboration of the Cu/Zn‐N4 sites with CuZn moieties on N‐doped carbons.