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

Project narrative

On July 23, 2007, the Confucius Institute Headquarters (Hanban) and Valparaiso University signed an agreement to establish the Confucius Institute at Valparaiso 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, Valparaiso University and Zhejiang University of Technology, the cooperating partner, signed a supplementary implementation agreement. Zhejiang University of Technology (浙江工业大学) agreed to provide one or two visiting scholars annually, donate teaching materials, and receive student study groups. The Confucius Institute was officially established on February 13, 2008. The Confucius Institute closed on March 1, 2022.