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

Project narrative

On March 6, 2008, the Confucius Institute Headquarters (Hanban) and the University of South Florida signed an agreement to establish the Confucius Institute at the University of South Florida. 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 2008, University of South Florida and Qingdao University (青岛大学), the cooperating partner, signed a supplementary implementation agreement. Qingdao University agreed to provide one or two visiting scholars annually, donate teaching materials, and receive student study groups. The Confucius Institute closed on December 31, 2018.