The funds will be used to finance major projects in emerging industries and building innovation platforms, according to the agreement signed with the National Development and Reform Commission.
The friendship between China and Ethiopia has a long history. Since the establishment of diplomatic relations in 1970, the cooperation between the two countries has achieved comprehensive results in the fields of politics, economy and social development.
The fund, worth 22 million yuan (.13 million) and provided by pharmaceutical multinational AstraZeneca, will explore real-world clinical studies of the Chinese population and diagnosis and treatment models suitable for China to contribute to the Healthy China 2030 Initiative, according to the foundation.
The fresh move came after US short-sellers including Citron and Muddy Waters called on the company over revenue and other financial problems. GSX denied all the allegations as false and ungrounded.
The funds stood at 21.52 trillion yuan (.2 trillion) at the end of June, up 7.61 billion yuan from a month earlier, according to the People's Bank of China (PBOC).
The government also said it aims to build an ethanol production base in the country's northeast, the main corn-growing region. Further details are awaited.
曲靖怀孕不到20周能不能人流多少钱
The government should streamline administrative procedures and cut red tape to improve efficiency. State-owned enterprise should deepen mixed ownership reform.
The four-year-old company, also known as Coding, said its Cloud Studio, launched this April, was the country's first cloud workstation.
The frequency of the forecasts will be every hour for the current day, every three hours one to three days in advance, and every 12 hours four to 10 days ahead.
The government will encourage good television production institutions to work with Internet dramas to improve their quality.