More than £300m is to be spent over the next five years on research, medical trials and training to tackle dementia, the Prime Minister has announced.
David Cameron plans to set up an international dementia institute in England in a bid to make the UK a world leader for research and medical trials.
A separate multimillion-pound fund will be launched to help establish an international investment scheme to discover new drugs and treatments that could slow down the onset of dementia or even deliver a cure.
Some 1.3 million NHS workers, from surgeons to hospital porters, will be given training in how to give those with dementia the best possible standards of care.
Businesses and public services will be encouraged to offer greater understanding and support for people with the condition.
And a further three million volunteers are to be recruited to train as "dementia friends" to help care for sufferers.
Mr Cameron said: "Dementia is one of the greatest challenges of our lifetime, and I am proud that we are leading the world in fighting it.
"Because of the growing strength of our economy, we can invest in research and drug development, as well as public understanding, so we defeat this terrible condition and offer more hope and dignity for those who suffer.
"That way, we can help make Britain a country that offers security in retirement for all."
Other pledges include having the majority of people in England living in "dementia friendly communities" by making shops, transport and other public places more accessible to people with the condition.
And initial dementia assessments by GPs will take place in an average of six weeks and will be followed by better onward support.
There are around 850,000 people living with dementia in the UK with the number expected to hit a million within the next 10 years.
Jeremy Hughes, chief executive of the Alzheimer's Society, said: "Our researchers, staff and volunteers who are delivering support to people with dementia nationwide now sit as part of a national movement more than a million strong. Dementia Friends is truly changing attitudes and capturing the public's attention.
"Together we are transforming lives today and reaching out for preventative treatments and a cure tomorrow. This Government has rightly prioritised dementia.
"We would all acknowledge the work that remains to be done, but the PM deserves credit for the phenomenal achievement in getting dementia on the national and global agenda and this has resulted in significant progress."
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