Hanban provides a grant for the establishment of the Confucius Institute in Chicago

Project narrative

On May 10, 2006, the Confucius Institute Headquarters (Hanban) and the Chicago Public Schools signed an agreement to establish the Confucius Institute in Chicago. 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 2006, Chicago Public Schools and East China Normal University (华东师范大学), the cooperating partner, signed a supplementary implementation agreement. East China Normal 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 June 2, 2010. The Confucius Institute closed on September 29, 2014.