Hanban provides a grant for the establishment of Neoma Confucius Institute for Business-Rouen

Project narrative

On October 17, 2013, the Confucius Institute Headquarters (Hanban) and Neoma Business School signed an agreement to establish the Neoma Confucius Institute for Business-Rouen. 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, Neoma Business School and Nankai University (南开大学), the cooperating partner, signed a supplementary implementation agreement. Nankai 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 March 28, 2014.