Global Fund eyes more cooperation in war on disease

The Global Fund, a Geneva-based financial association that supports the fight against AIDS, tuberculosis and malaria, said in Beijing last month that there is significant potential to further cooperate with Chinese pharmaceutical companies.

Founded in 2002, the Global Fund provides about $4 billion in funds every year, with 95 percent of the funds coming from governments and the rest coming from the private sector. The agency said it is continuing to strengthen its cooperation with the private sector.

In 2013 and 2014, the fund invested $800 million in China, one of the founding partners of the agency, to help control those diseases, and it has helped reduce by 30 percent the incidence of the diseases on average, according to the Global Fund.