University of International Business and Economics - History

History

The university was founded in 1951 as the Beijing Institute of Foreign Trade. It provided education and training for government officials responsible for China’s economic and international business administration under the leadership of the Ministry of Foreign Trade and Economic Cooperation and Ministry of Education. It was first designated as a key university by the Chinese government as early as 1960 for its outstanding academic programs, and then designated as a national key university in 1978 after suspension in the Culture Revolution. Following the onset of Chinese economic reform under Deng Xiaoping, UIBE witnessed unprecedented development and expansion, and in 1984 was renamed the current name, University of International Business and Economics. In May 1997 UIBE was put on the list of "Project 211" universities of the first batch, a governmental program aimed at turning about 100 Chinese universities into exceptionally world renowned high-quality academic institutions in 21st century. In the year of 2000, UIBE has become one of the state universities under the leadership of the Ministry of Education, and in June of the same year it merged with China Institute of Finance, from then on, it has become one of the leaders not only in the studies of economics, business management and Law, but also in finance. Since its establishment, UIBE was committed to make high emphasis on academic research and business practice, preparing students to work in the areas of business, economics, law, finance, foreign trade, foreign languages, etc.