History
YUFE was established as the Yunnan Financial Cadres Training School in early 1951. Its goal was to train Communist Party officials in basic financial and accounting management skills. In 1958 the school was combined with four other training institutions to become the Yunnan Institute of Finance and Trade (YIFT). During the Cultural Revolution the school was shuttered for seven years, not fully resuming operation until 1978. The following year the provincial government announced a plan to transform YIFT into a full-fledged institution of higher education, extending its offerings to four-year Bachelor degrees.
In 1998, the People's Government of Yunnan Province announced a plan to merge the Yunnan Economic Management Cadres College with the Yunnan Institute of Finance and Trade. In 1999 the institution was awarded full university status, and renamed the Yunnan University of Finance and Economics.
Read more about this topic: Yunnan University Of Finance And Economics
Famous quotes containing the word history:
“Man watches his history on the screen with apathy and an occasional passing flicker of horror or indignation.”
—Conor Cruise O’Brien (b. 1917)
“The history of all hitherto existing society is the history of class struggles.”
—Karl Marx (1818–1883)
“The history of literature—take the net result of Tiraboshi, Warton, or Schlegel,—is a sum of a very few ideas, and of very few original tales,—all the rest being variation of these.”
—Ralph Waldo Emerson (1803–1882)