2. north university of china Institute of Information Business was formerly the Institute of Information Business of North China University of Science and Technology, which was founded in 2003 by North China University of Science and Technology (now north university of china) and Shanxi Shunda Storage and Transportation Company. The Ministry of Education approved the renaming of North China University of Technology as north university of china, and the Information Business College of North China University of Technology was also renamed as north university of china Information Business College.