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

Project narrative

On March 11, 2011, the Confucius Institute Headquarters (Hanban) and University of Macerata signed an agreement to establish the Confucius Institute at the University of Macerata. 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 2011, University of Macerata and Beijing Normal University (北京师范大学), the cooperating partner, signed a supplementary implementation agreement. Beijing 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 in October 2011.