Chinese Fund to offer scholarships to Chinese students at Technion

Fund will first support five students each year, a number which is expected to gradually expand to reach 25 students within 5 years.

By
June 19, 2013 19:42
1 minute read.
Cninese officials. Techion brass sign agreement for scholarship fund

Chinese fund agreement signed at Technion 370. (photo credit: Yoav Bachar, Technion Spokesperson’s Office )

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

The Hanqing International Education Foundation agreed this week to offer $8 million in scholarships to Chinese students at the Technion- Israel Institute of Technology.

The agreement, which is valid for 20 years, was signed in the presence of Haifa Mayor Yona Yahav, Technion president Peretz Lavie, donor Chinese businessman Zhao Hanqing and Handan Mayor Hui Jian, from the donor’s birthplace.

Be the first to know - Join our Facebook page.


In the initial phase, students pursuing masters and PhD degrees will be selected to receive annual scholarships and financial support in the amount of $35,000, to cover all of their expenses. The fund will support five new students each year, and expects to support 25 students in five years.

An executive council with six members, three of whom will be from the Technion and three from the foundation, will oversee the operations.

Lavie called the initiative “a historic agreement” and thanked Zhao Hanqing for his “generous gift.”

“The Technion played a fundamental role in the development of Israel, and I am certain that Chinese students studying here at the Technion will learn valuable tools and skills that will help them in advancing the development of their country,” Lavie said.

Hui Jian stressed that “this agreement is the beginning of a greater cooperation between the cities of Haifa and Handan, and between China and Israel.” He added that Handan, which has some 10 million inhabitants, intends to undergo “an industrial transformation,” and he views the Chinese students who will study at the Technion as “the future leaders of this process.”



Chinese Ambassador Gao Yanping spoke last week at the Technion about the growing technological cooperation between the two countries and the potential for academic cooperation between the Technion and China.

“The enrollment period for the summer term at Chinese universities has recently come to a close,” she said.

“Out of 9 million candidates, 7 million were accepted."

“The Technion is a world-class technological institution,” she added. “If I was able to turn back time, I would have liked to have been a student here.”

Related Content

Riot
August 31, 2014
Rioting resumes throughout east Jerusalem Saturday night

By DANIEL K. EISENBUD