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Gates Foundation To Donate $50 Million To Partnership In China

Published by: dailynews
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The Bill & Melinda Gates Foundation on Thursday announced that it has renewed collaboration with the Beijing Municipal Government and Tsinghua University on innovative therapies for infectious diseases prevalent in low- and middle-income countries, pledging a donation of $50 million for the joint endeavor.

The announcement was made as Bill Gates, co-founder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, visits China for the first since 2019. In a speech on Thursday, Gates highlighted Chinese innovators’ “important role” and China’s “invaluable experience” in tackling issues such as health and poverty reduction.

“It’s been a long time since I was in China – four years. The world looked very different then,” Gates said in a speech delivered at the Global Health Drug Discovery Institute (GHDDI) in Beijing, pointing to rising challenges facing the world. “The need to meaningfully address these challenges has never been more urgent,” Gates said, according to a transcript of his speech shared with the Global Times on Thursday.

Read the full story on Global Times here.