Bill Gates unveils $50 million fund for joint health research with China

Bill Gates addressed the Global Health Drug Discovery Institute in Beijing as part of his trip to China.

The Microsoft founder praised China's efforts in reducing poverty and improving health outcomes within its own borders, and expressed hope that the country could extend its efforts to help African countries facing rising malaria cases and difficulties in growing weatherproof crops.

Gates announced 50 million USD in funding to support joint disease and medicine research with China, emphasizing the need for collaboration between governments, academia, business, and philanthropy to address global challenges.