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

Project narrative

On June 5, 2006, the Confucius Institute Headquarters (Hanban) and the University of Granada (Universidad de Granada) signed an agreement to establish the Confucius Institute at the University of Granada. 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, the University of Granada and Peking University (北京大学), the cooperating partner, signed a supplementary implementation agreement. Peking 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 30, 2008.