The Shanghai University of International Business and Economics (former Shanghai Institute of Foreign Trade) established in 1960. Affiliated to the Ministry of Foreign Trade and Economic Cooperation (now the Ministry of Commerce) until September 1994. In April 2013, it was granted by the Ministry of Education (MOE) a university status and renamed the Shanghai University of International Business and Economics (SUIBE). SUIBE is among the first institutions across the world selected for hosting a WTO Chair.SUIBE’s education aims at nurturing future professionals specialized in international economy and trade and with a readiness to apply their knowledge into practice.SUIBE has been an active player in international exchanges and cooperation in education and established extensive partnerships with its overseas counterparts from more than 80 countries. SUIBE offers 32 undergraduate programs, covering five fields of disciplines, i.e. economics, management science, literature, law and natural science. SUIBE includes 12 schools, such as, the School of Business, School of Foreign Languages, School of Finance, School of Law, School of Management, School of Accounting, School of Tourism and Event Management, School of Business Information Management, School of International Studies, School of Continuing Education, School of WTO Research and Education, and School of International Education. Among the courses SUIBE offers, financial management and international trade practices are national top-level courses; marketing, securities investment analysis, business logistics are national demonstration courses of bilingual teaching. There are over 1000 faculty and staff members working at SUIBE and above 400 of them are professors and associate professors. More than 10,000 students are studying in the undergraduate and graduate programs and some 2000 international students in various programs. There are over 40 research institutes at SIFT (SUIBE) and two research institute affiliated to SIFT, namely, the Shanghai Association of International Trade and the WTO Shanghai Research Center. SIFT publishes two academic journals, the International Business Research and the WTO Focus, both are listed in Journals.