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

Project narrative

On May 23, 2007, the Confucius Institute Headquarters (Hanban) and Arizona State University signed an agreement to establish the Confucius Institute at Arizona State University. 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, Arizona State University and Sichuan University (四川大学), the cooperating partner, signed a supplementary implementation agreement. Sichuan 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 October 22, 2007. The Confucius Institute closed on May 31, 2019.