The Shandong Institute of Business and Technology, formerly known as the Shandong Institute of Business and Technology, was founded in 1985 under the former Ministry of Coal Industry. In September 1998, because of the management system reform to the central and Shandong Province co-construction, mainly Shandong Province management, February 2003 even more present name. The school is located in the most charming Chinese city, Yantai, with beautiful scenery, is a provincial garden-style unit and a civilized campus It is the first national pilot unit of the Second Class Report card system of the first group of the Central Committee of the Communist Party of China and the National Demonstration Base of Entrepreneurship Education. The school covers an area of 909,000 square meters and a building area of 565,000 square meters. The library has a collection of 2,662,400 books.