Microsoft’s co-founder Bill Gates met Chinese President Xi Jinping just days after a visit to Beijing by Tesla CEO Elon Musk.

The state broadcaster CCTV showed Xi saying he was happy to see Gates, who he called an “old friend,” after three years without meeting during the pandemic.

“I believe that the foundation of Sino-US relations lies in the people,” Xi said to Gates.

“Under the current world situation, we can carry out various activities that benefit our two countries, the people of our countries, and the entire human race.”

Gates told Xi he was “very honoured” to meet with Xi.

Also read: Bill Gates visits China to meet development partners

Apple CEO Tim Cook visited China in March.

On Thursday, the Gates Foundation pledged $50 million to bolster the Global Health Drug Discovery Institute's capacity to develop drugs to fight diseases like malaria and tuberculosis.

The institute was jointly founded by the Gates Foundation, Tsinghua University and the Beijing municipal government.

Gates' last trip to China was in 2019, where he met first lady Peng Liyuan to discuss the Gates Foundation's efforts in HIV/AIDS prevention.

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