China Europe International Business School, a business education joint venture between the European Union and Shanghai government, will further benefit from the city government's support to nearly double its campus in Shanghai.
The expansion project, called "Shanghai Campus Phase III," will be developed on 3.6 hectares adjacent to its existing campus provided by the city and Pudong New Area government. CEIBS have also announced that long-term corporate partner, AXA Insurance, is to become the major sponsor of their EU-China Centre for Leadership and Responsibility (ECCLAR). They have also announced that former Italian Prime Minister and President of the EU will be teaching a program there from March 2010..
"Shanghai is thirsty for high-profile management professionals in the course of building itself into a financial and shipping center," Mayor Han Zheng said at the school's 15th anniversary celebration yesterday.
"Therefore, the city government will continue to support CEIBS's effort to train and attract world-class business talents that can work as a think-tank for the city's development," he added.
In 2006, CEIBS signed a land acquisition agreement with the state-owned Jinqiao Group for its third phase campus expansion.
The school's design for the next phase was also jointly unveiled by representatives of the European Union and Chinese government at yesterday's ceremony.
When the construction is completed in 2012, an increasing volume of faculties and students will help cater to the increasing need for business education in China, school officials said.
Also yesterday, officials from eight major Chinese cities signed with the school to launch its education programs in under-serviced or western regions.
The 100,000 yuan (US$14,598) course will be offered in the areas free.
In September 2009, as a founding member, AXA joined the ambitious Euro-China Center for Leadership and Responsibility (ECCLAR) program.
Developed within the China Europe International Business School (CEIBS) and created by the European Union and China in 1995, the school has become one of the world’s leading business schools over the past decade.
Faced with China’s growing role in the world, ECCLAR has set itself the objectives of further developing training for responsible Chinese leaders, while improving mutual understanding between Europeans and Chinese over the long term.
To achieve these goals, the Center is committed to four principles, focusing on research, education and training, sharing and distributing knowledge through networking, and producing publications.
A CEIBS partner since 2000, AXA is further strengthening its involvement by sponsoring ECCLAR. And proving its commitment to managing its Asian partnerships responsibly.
CEIBS Vice President and Co-Dean Zhang Weijiong, in his opening remarks said :”AXA enjoys a long and distinguished history as an industry leader in China, a company that has set and maintained standards of excellence in the insurance field. Therefore, AXA makes an ideal corporate partner to sponsor the Euro-China Centre for Leadership and Responsibility”. Prof Zhang pointed out that AXA has been a corporate partner of CEIBS since 2000, and welcomed the company in expanding its support of the school through assuming sponsorship of the ECCLAR.