Hanban provides a grant for the establishment of the Miami Confucius Institute for Business

Project narrative

On December 27, 2019, the Confucius Institute Headquarters (Hanban) and the Great Miami Asian Business Coalition (大迈阿密亚裔商务联盟) signed an agreement to establish the Miami Confucius Institute for Business. As part of the agreement, Hanban is obligated to provide teaching materials, an annual fund, and numbers of Chinese instructors. The funds are dispersed through a local Bank of China account or other approved bank account created by the institute. The agreement has a 5-year validity and automatically renews at the end of every 5-year term. In 2019, Great Miami Asian Business Coalition and Jiangsu Norrnal University (江苏师范大学), the cooperating partner, signed a supplementary implementation agreement. Jiangsu Norrnal University agreed to provide one or two visiting scholars annually, donate teaching materials, and receive student study groups.