Hanban provides a grant for the establishment of the Confucius Institute at the University at Albany, State University of New York

Project narrative

On September 23, 2013, the Confucius Institute Headquarters (Hanban) and the University at Albany, State University of New York signed an agreement to establish the Confucius Institute at the University at Albany, State University of New York. 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 2013, the University at Albany, State University of New York and Southwestern University of Finance and Economics (纽约州立奥尔巴尼大学孔子学院), the cooperating partner, signed a supplementary implementation agreement. Southwestern University of Finance and Economics agreed to provide one or two visiting scholars annually, donate teaching materials, and receive student study groups. The Confucius Institute was officially established on December 16, 2013. The Confucius Institute closed on December 15, 2021.