Qingdao Xingyuan College of Economics is located in Qingdao, a coastal city with beautiful scenery and pleasant climate, and is located in Fushan Campus of China Ocean University. It is a new type of Chinese-foreign cooperative university approved by the national education department, and it is an institution of higher learning with the right to cooperate with foreign countries and the qualification for undergraduate education. There are international undergraduate programs and specialties jointly sponsored by the Chinese and Russian governments &; Independent undergraduate course project (three-year academic system), five-year unified recruitment institutions &; Independent undergraduate course project (five years).

Jiang Chunyun, former vice chairman of the National People's Congress and vice premier of the State Council, and other leaders wrote inscriptions to encourage our school to run. The name of the school is taken from the motto of China Ocean University, "All rivers run into the sea, so take it and stay away from it".