According to Baidu Encyclopedia, foreign trade generally refers to university of international business and economics, and university of international business and economics is a national key university directly under the Ministry of Education of People's Republic of China (PRC). It is a national "2 1 1 project", a world-class discipline construction university, and a university jointly established by the Ministry of Education and the Ministry of Commerce. Certified by AACSB, EQUIS and AMBA. To sum up, university of international business and economics is a famous school.

The school, formerly known as the Senior Commercial Cadre School, was founded in 195 1. 1953, renamed Beijing Institute of Foreign Trade. 65438-0954 Foreign Trade Department of China Renmin University was merged into Beijing Institute of Foreign Trade, and Beijing Institute of Foreign Trade was established. 1984, renamed university of international business and economics.