Hanban provides a grant for the establishment of Confucius Institute at the University of Memphis

Project narrative

In 2007, the Confucius Institute Headquarters (Hanban) and University of Memphis signed an agreement to establish the Confucius Institute at the University of Memphis. 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 2007, University of Memphis and Hubei University (湖北大学), the cooperating partner, signed a supplementary implementation agreement. Hubei University agreed to provide one or two visiting scholars annually, donate teaching materials, and receive student study groups. The Confucius Institute was officially established on August 13, 2007. It was the 24th Confucius Institute to be established in the United States. The Confucius Institute closed on June 30, 2020.