On 24 November 2017, on the occasion of the Franco-Chinese high-level dialogue on people to people exchanges session in Beijing, attended by Minister Jean-Yves Le Drian and Chinese Vice Premier Liu Yandong, Etienne Guyot, Chief Executive of the Paris Île-de-France Chamber of Commerce and Industry, signed an agreement on behalf of ESCP with Hanban, the Office of Chinese Language Council International, to establish the 12th Business Confucius Institute in the world.