2 1 1 University refers to the construction projects of about 100 institutions of higher learning and a number of key disciplines facing 2 1 century. 985 University refers to the major decision made by the Party and People's Republic of China (PRC) and the State Council at the turn of the century to build a first-class university with world-class level. Wuhan University of Finance and Economics is an ordinary undergraduate college approved by the Ministry of Education and Hubei Provincial People's Government. Although there is a high academic level and teaching quality in the field of finance and economics, it is neither a 2 1 1 university nor a 985 university.