Guizhou University Of Finance And Economics
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Guizhou University of Finance and Economics (GUFE; ), colloquially Gui Cai (贵财; pinyin: Guì Cái), is a provincial research university located in
Guiyang Guiyang (; ; Mandarin pronunciation: ), historically rendered as Kweiyang, is the capital of Guizhou province of the People's Republic of China. It is located in the center of the province, situated on the east of the Yunnan–Guizhou Plateau, ...
,
Guizhou Guizhou (; formerly Kweichow) is a landlocked province in the southwest region of the People's Republic of China. Its capital and largest city is Guiyang, in the center of the province. Guizhou borders the autonomous region of Guangxi to t ...
with a focus on
management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities o ...
,
economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...
, and research on
big data Though used sometimes loosely partly because of a lack of formal definition, the interpretation that seems to best describe Big data is the one associated with large body of information that we could not comprehend when used only in smaller am ...
in finance. The university grants bachelor's, master's, and doctoral degrees through 17 academic departments and 62 undergraduate majors, and operates th
Guiyang Institute for Big Data and Finance
Its honorary president is Professor Hong Yinxing, former Party Secretary of
Nanjing University Nanjing University (NJU; ) is a national public research university in Nanjing, Jiangsu. It is a member of C9 League and a Class A Double First Class University designated by the Chinese central government. NJU has two main campuses: the Xianl ...
. With a modern campus in the Huaxi University City district, Gui Cai enrolls nearly 20,000 undergraduate students, including 300 students through its Western Michigan Institute (西密歇根学院; pinyin: Xī Mìxiēgēn Xuéyuàn), an undergraduate college jointly established with
Western Michigan University Western Michigan University (Western Michigan, Western or WMU) is a public research university in Kalamazoo, Michigan. It was initially established as Western State Normal School in 1903 by Governor Aaron T. Bliss for the training of teachers ...
in
Michigan Michigan () is a state in the Great Lakes region of the upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the 10th-largest state by population, the 11th-largest by area, and the ...
, United States and the second Chinese-American education partnership in Guizhou. The university's strategic development plan for 2015-2020 focuses primarily on increasing the quality of undergraduate teaching and curricula. Other major goals include hiring a "first-class" faculty, raising research standards and quality, and developing more international partnerships.


History

The university was established on August 21, 1958 by combining three provincial schools which trained party cadres in
economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...
,
management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities o ...
,
marketing Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emph ...
,
supply chain management In commerce, supply chain management (SCM) is the management of the flow of goods and services including all processes that transform raw materials into final products between businesses and locations. This can include the movement and stor ...
, and other necessary skills for government service. The new institution was named the Guizhou College of Finance and Economics () and was based in the Hebin District of Guiyang, where the university continues to maintain a campus. During the
Cultural Revolution The Cultural Revolution, formally known as the Great Proletarian Cultural Revolution, was a sociopolitical movement in the People's Republic of China (PRC) launched by Mao Zedong in 1966, and lasting until his death in 1976. Its stated goal ...
, the institution was forced to suspend operations. It was re-established in 1978 and admitted its first class of undergraduate students that year. In 1992, the College absorbed the provincial party cadre training school for
economic planning Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources b ...
. In 2002, the institution relocated most of its facilities from its Hebin campus to a new campus in Luchongguan District, and granted its first master's degree in 2004. On June 15, 2012, after approval from the
Ministry of Education An education ministry is a national or subnational government agency politically responsible for education. Various other names are commonly used to identify such agencies, such as Ministry of Education, Department of Education, and Ministry of Pub ...
, the institution held a ceremony and changed its name to the Guizhou University of Finance and Economics. In 2013, the university began moving facilities and students to a state-of-the-art campus in Huaxi University City, a new district in Guiyang that had begun construction in 2011. The university began to pursue more international partnerships in 2012 with the establishment of a joint undergraduate finance program with the
Edinburgh Napier University , mottoeng = Without knowledge, everything is in vain , established = 1992 – granted University status 1964 – Napier Technical College , type = Public , academic_staff = 802 , administrative_staff = 562 , chancellor = Will Whitehorn , ...
, a public university in the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
. In 2015, the university established its Western Michigan Institute, an undergraduate college in collaboration with
Western Michigan University Western Michigan University (Western Michigan, Western or WMU) is a public research university in Kalamazoo, Michigan. It was initially established as Western State Normal School in 1903 by Governor Aaron T. Bliss for the training of teachers ...
, a
state university A state university system in the United States is a group of public universities supported by an individual state, territory or federal district. These systems constitute the majority of public-funded universities in the country. State univers ...
in
Michigan Michigan () is a state in the Great Lakes region of the upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the 10th-largest state by population, the 11th-largest by area, and the ...
, United States. Gui Cai also maintains programs in accounting, financial insurance, marketing, and logistics management policy jointly organized with
Berkeley College Berkeley College is a private for-profit college with campuses in New York, New Jersey, and online. It was founded in 1931 and offers undergraduate and graduate degrees and certificate programs. Berkeley College is accredited by the Middle ...
, a
for-profit college Proprietary colleges are for-profit colleges and universities. They are operated by their owners or investors, rather than a not-for-profit institution, religious organization, or government. Because they are not funded by tax money, their long ...
in
New Jersey New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware ...
, United States. In 2018, the university was authorized to grant its first doctoral degrees.


Campuses

Guizhou University of Finance and Economics operates three campuses across Guiyang, Guizhou.


Huaxi University City

Gui Cai is headquartered in Huaxi University City, at its modern campus constructed in 2011. The campus spans 5,106.8 acres with building space totaling 1.06 million square meters. The university library system contains 2.21 million books, 1.59 million e-books, and 36,000 domestic and foreign academic journals.


Older campuses

The university continues to maintain its Luchongguan District campus, in operation since 2002, and the Hebin District campus, the original site of the three provincial party cadre schools which merged in 1958 to form the institution.


Confucius Institute in Eritrea

Since 2013, the university has been the host institution of the
Confucius Institute Confucius Institutes (CI; ) are public educational and cultural promotion programs funded and arranged currently by the , a government-organized non-governmental organization (GONGO) under the Ministry of Education of the People's Republic o ...
at the Eritrean Commission on Higher Education in
Eritrea Eritrea ( ; ti, ኤርትራ, Ertra, ; ar, إرتريا, ʾIritriyā), officially the State of Eritrea, is a country in the Horn of Africa region of Eastern Africa, with its capital and largest city at Asmara. It is bordered by Ethiopia ...
. The institute is housed on the grounds of the former
University of Asmara The University of Asmara (UoA) was a public university in Asmara, Eritrea. The nation's first university, it was founded in 1958 by the "Piae Madres Nigritiae" ( Comboni Sisters). The school was meant to provide for the local population, though ...
and collaborates with the nearby public colleges and primary and secondary schools. Faculty and staff from Gui Cai have traveled to Eritrea to conduct Chinese language classes and host Chinese cultural festivals, while Eritrean students learning Chinese traveled to China to study at Gui Cai. Additionally, staff and Eritrean students of the institute have translated Eritrean textbooks into Chinese and developed a localized curriculum for teaching Chinese.


References


External links


Guizhou University of Finance and Economics
{{authority control Education in Guizhou Universities and colleges in Guizhou Educational institutions established in 1958 1958 establishments in China