Pao Yu-Kong and Pao Zhao-Long Scholarship for Chinese Students Studying Abroad  Pao Yu-Kong and Pao Zhao-Long Scholarship for Chinese Students Studying Abroad (Traditional Chinese: 包玉剛包兆龍中國留學生獎學金; Simplified Chinese: 包玉刚包兆龙中国留学生奖学金; for short: 包氏獎學金/包氏奖学金), is a renowned Chinese university scholarship issued by Zhejiang University. The scholarship was established by the Hong Kong-based worldwide shipping tycoon Sir Yue-Kong Pao who was also a Zhejiang native. Pao's family also have continuously contributed to the scholarship. The scholarship is named after Sir Yue-Kong Pao and his father Pao Zhao-Long (Chinese: /) who was also a successful businessman and banker. The scholarship was first set in January 1983, based on the first donation of US$1M by Pao. October 1985, Pao donated another million USD to enlarge the scholarship. The purpose of the scholarship is to support qualified Zhejiang University students to pursue their studies outside mainland China.