Bill Gates Eyes Investment Projects In China To Help Poor

Bill Gates Eyes Investment Projects In China To Help Poor

BEIJING, March 30 (Bernama) — Microsoft founder Bill Gates is looking to invest in a range of projects in China to help the country’s millions of poor, Press Trust of India (PTI) reported.

Gates said his Bill & Melinda Gates Foundation is working with high-tech companies in China on research in areas such as productive rice and vaccine freezing.

“We are investing more and more money and have a lot of specific partnerships growing,” said Gates who identified agriculture as a particular area that offered many opportunities.

“We were partner on the Green Super Rice [project] which is valuable not only here but also in Africa,” he told state-run Xinhua news agency recently on the sidelines of the Boao Forum for Asia in Hainan.

Gates said he was looking to tie up with Chinese fridge maker Aucma for portable storage for vaccines, and another research project on how to limit pollution and greenhouse gas emissions in the energy sector.

“These are projects that the entire world needs solving. China’s capacity for biological and IT breakthroughs is growing very rapidly and is in many way the world agriculture leader,” he said.

“There are many areas that we are not funding that have the potential to help other countries.”

The foundation’s talent incubator, Grand Challenges, will hold its annual conference in China for the first time later this year.

“We are challenging scientists in China to help find solutions for the poor,” Gates said.