Haikou University of Economics (HUE) is a private undergraduate university chiefly based on specialty programmes such as economics, management, engineering, literature, the arts and education. Founded in 1974 as a college, the school was later upgraded to a university by the approval of the Ministry of Education in March 2008. Haikou University of Economics consists of 14 colleges and schools with 47 undergraduate majors, with students from 27 provinces, municipalities and autonomous regions nationwide. There are 24,000 full-time students currently, among them 16,100 are undergraduates. HUE has won many academic and honourary titles such as National Non-government Funded Education Advanced Collective, and one of the top 50 universities to get the National Award of Innovative Entrepreneurship. HUE boasts of excellent academic conditions with a beautiful first-class campus. Covering a land area of 1.1 square kilometres and a total construction area of close to 700,000 square metres, the campus has involved an investment of more than 2 billion yuan (CNY). Enjoying well-equipped teaching facilities, HUE has comprehensive and professional experimental and training laboratories. The library is rich in its storage of books with a collection of more than 1.422 million hard copy books, and more than 2.048 million electronic books. Cultural and sports facilities are complete with gymnasium, swimming pools, concert halls, stadium, as well as quality development training base. Providing complete living quarters such as student dormitories, standard hotels, restaurants, canteens and supermarkets, HUE is an ideal academic and living centre for students both home and abroad.