The University of International Business and Economics' (UIBEsimplified Chinese: 对外经济贸易大学; traditional Chinese: 對外經濟貿易大學; pinyin: Duiwai Jingji Maoyi Daxue abbr. 经贸大学, Jingmao Daxue), is a university in Beijing, China. Currently, UIBE has over 11,000 students from China and over 2,500 international students from more than 100 countries. Founded in 1951 and formerly was Beijing Institute of Foreign Trade, as the education and training base for government officials responsible for China’s economic and international business administration under the leadership of the Ministry of Foreign Trade and Economic Cooperation and Ministry of Education. It was first designated as a key university by the Chinese government as early as 1960 for its outstanding academic programs, and then redesignated as a national key university in 1978 after suspension in the Culture Revolution. Following the onset of Chinese economic reform under Deng Xiaoping, UIBE witnessed unprecedented development and expansion, and in 1984 was renamed the current name, University of International Business and Economics.