Washington, DC, December 20, 2009, UpMarketing Wire...Zhengzhou
College of Economics of Zhengzhou City, Henan Province, the Peoples Republic of China has
successfully concluded an International educational funding agreement for a $97 million dollar university expansion and building program. Global Academy Online, Inc., a Washington
DC based online university builder, arranged the college’s funding and expansion of its traditional school and nationwide
online virtual university. The event was sealed with an official signing ceremony conducted at the college on December 19,
2009.
The capital expansion funds, earmarked for release over
a three-year period, are being used to finance the construction of a new 400-acre central university campus in the heart
of Zhengzhou City. Zhengzhou is a city of eight and half million inhabitants located in the most populated Province
in China. Over 900,000 students reside within the college's sphere of influence.
The project combines
the college's five campuses currently spread throughout the city of Zhengzhou into a central campus housing the college's
International Business Center and Research Park. The college will also maintain the nation's first Chinese online virtual
university, a blended and virtual world within the university. Aided by higher education consultants, Global Academy
Online, the Zhengzhou College will serve as a central online learner and course management systems provider to other colleges
and universities throughout China.
Zhengzhou City is both the educational and historic center of Chinese
culture. This centrality is personified by the location of the world-renowned 1500 year old Shaolin Temple within its
midst.
According to Dr. Fred DiUlus, CEO and Founder of Global Academy Online, "Zhengzhou College of Economics
is a pioneer in its outreach to American higher education and in its development of China’s first online higher education
programs in Mandarin.” Also, states DiUlus, “The new campus will house the regions first International Business
Center and University Research Park to specifically grow mutually beneficial Sino-American corporate and industrial partnerships.”
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