Anhui University of Finance 1959 was founded in Hefei, then named Anhui University of Finance and Trade. 196 1 year, the school moved to Bengbu, the central city of the Huaihe River basin, which is known as the "Pearl City". The school has been affiliated to the All-China Federation of Supply and Marketing Cooperatives, the Ministry of Commerce and the Ministry of Domestic Trade. In February, 2000, the State Council decided that Anhui Finance and Trade College should be jointly funded by the central and local governments, and mainly managed by Anhui Provincial People's Government.