East China University of Science and Technology is located in Shanghai, the economic center of China. It is a national key university and a "double-class" construction university directly under the Ministry of Education. The Business School of East China University of Science and Technology (formerly School of Business Economics), as an important development plan for the transformation of East China University of Science and Technology into a comprehensive university, was established on 1990 on the basis of the Department of Management Science and Engineering established in 1983 and the School of Economic Development established in 1987.