Tsinghua University News

Inditex Group of Spain supports Tsinghua in setting up the “Tsinghua-Inditex Belt and Road Education and Scholarship Fund”

Inditex Group of Spain supports Tsinghua in setting up the “Tsinghua-Inditex Belt and Road Education and Scholarship Fund”


On May 22nd (Central European Time), Yang Bin, Vice President and Provost of Tsinghua University, and Pablo Isla, Chairman and CEO of Inditex, signed an agreement to set up a “Tsinghua-Inditex Belt and Road Education and Scholarship Fund”. The signing ceremony was held in La Coruna, where Inditex Group’s headquarters is located.

The “Tsinghua-Inditex Belt and Road Education and Scholarship Fund” not only provides scholarships to students from the partner countries of the Belt and Road Initiative, but also supports students and faculty members from Tsinghua University to study, visit and take on short-term positions in these partner countries. “Friendship, which derives from close contact between the people, holds the key to sound state-to-state relations.” By setting up this fund, Inditex commits itself to helping Tsinghua to improve its capacity in training international students under the guidance of a more globally oriented new centennial strategy, to facilitating Tsinghua’s endeavors to strengthen people-to-people bonds through regional education exchanges, and to making contributions to the implementation of the Belt and Road Initiative in education.

Yang Bin, Vice President and Provost of Tsinghua University, and Pablo Isla, Chairman and CEO of Inditex at the signing ceremony

At the signing ceremony, Yang Bin introduced Tsinghua’s recent achievements in international cooperation and invited Inditex to work more closely with Tsinghua in fields such as industrial design and sustainable development. Yang Bin expressed his appreciation towards Inditex Group for its commitment to Tsinghua. He said that Inditex had consistently lent its support to Tsinghua in student development. Since 2016, Inditex has provided funding and study trip opportunities for MBA students from the Tsinghua University School of Economics and Management in their overseas exchanges. The creation of the “Tsinghua-Inditex Belt and Road Education and Scholarship Fund” will further deepen the cooperation between the two sides and help both parties to cultivate cultural inclusiveness and political mutual trust through in-depth education collaboration.

Pablo Isla noted that Inditex's participation in the Belt and Road Initiative alongside Tsinghua University “is a fresh opportunity for the Group to support international and intercultural exchanges in which Spain is also involved. It also helps Inditex to better understand the Chinese academic and research reality”. 

Jesus Echevarria Hernandez, Chief Communication Officer of Inditex Group, Yago Vera Cuartero, Greater China President of Inditex, Li Bing, Deputy General-Secretary of the Tsinghua University Education Foundation (TUEF), and Fu Xuan, Director of Development of TUEF, attended the signing ceremony.

Editors: Galia Popov, Zhu Lvhe