Spanish company Inditex has signed a three-year collaboration agreement by which it will fund grants for students of Tsinghua School of Economics and Management, China to conduct academic and business exchanges in Spain. The chairman and CEO of Inditex Pablo Isla, and the Dean of the Tsinghua University School of Economics and Management (SEM), Professor Yingyi Qian, were the signatories. Inditex is a Spanish multinational clothing company headquartered in Arteixo, Galicia. It is the biggest fashion group in the world that operates over 7,000 stores in 91 markets worldwide.

As per the agreement, the two would donate resources for programs like: Grants for Tsinghua’s SEM students to visit Inditex’s headquarters in Arteixo, Spain to gain practical experience in areas such as fashion retail management, logistics, environmental protection and sustainable development; training programmes to support the professional development of academic staff in scientific research and teacher training; promotion of cultural activities for students on the Tsinghua SEM campus in Beijing.