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UNIQLO launches Scholarship Program
Dec '11
Fast Retailing is pleased to announce its plans to offer scholarships to university students in China, following the signing of a memorandum of understanding on December 12, 2011 between the China Education Association for International Exchange (CEAIE) and Fast Retailing (China) Trading Co., Ltd. (FR China), the operator of the UNIQLO casual clothing brand.

The MoU between FR China and CEAIE, which operates under the guidance of China's Ministry of Education, also outlines plans to offer students additional programs, including opportunities for international exchange. FR China aims to make a significant contribution to the development of human resources in China through these efforts.

Program Name : UNIQLO Scholarship Program (TBD)

Aim of Program :
(1) Help the next generation of talented young chinese individuals to play active roles in the global economy and contribute to China's future growth by offsetting tuition fees.
(2) With CEAIE's assistance, provide scholarship recipients with opportunities to participate in exchanges with globally active business managers and other people who work internationally.

Duration of Grants: Five years from September 2012

Eligibility : Undergraduate students (limited to Chinese nationals) enrolled at select universities in China

Total Amount of Program : Up to RMB 4 million (JPY 48.8 million) over five years

The China Education Association for International Exchange is a not-for-profit organization under the guidance of China's Ministry of Education that facilitates academic exchanges between China and other nations.

CEAIE is involved in a wide range of activities with different organizations from around the world, and has formed partnerships with a number of educational, scientific and technological entities, as well as private individuals, organizations, corporations and funds that support schools and educational initiatives.

CEAIE's guiding principle is to actively promote regional and international academic exchanges, while supporting the development of education, science, technology and culture. It aims to promote mutual understanding and foster deep ties between people throughout the world.

Fast Retailing (China) Trading Co Ltd

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