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

Project narrative

In September 2010, the Confucius Institute Headquarters (Hanban) and University of Graz signed an agreement to establish the Confucius Institute at University of Graz. 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. On June 8, 2010, University of Graz and Jiangsu University (江苏大学), the cooperating partner, signed a supplementary implementation agreement. Jiangsu 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 29, 2010.