Founded in 1950, Xinjiang University of Finance and Economics is a non-profit public higher-education institution located in the urban setting of the metropolis of Urumqi (population range of 1,000,000-5,000,000 inhabitants), Xinjiang. Officially recognized by the Department of Education of the Xinjiang Uyghur Autonomous Region, Xinjiang University of Finance and Economics (XUFE) is a large coeducational Chinese higher education institution. Xinjiang University of Finance and Economics (XUFE) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees in several areas of study. XUFE also provides several academic and non-academic facilities and services to students including a library, as well as administrative services.