Hebei Financial Institute, Hebei Institute of Economics and Trade, and Hebei Business College were all part of the university when it was established in 1953 as the Shijiazhuang School of Supply and Sales, which was run by Hebei Supply and Sales Corporation.

The State Education Commission gave its approval for the 1995 establishment of Hebei University of Economics and Business (HUEB), which was created by combining four former colleges. One of the major universities in Hebei Province and a regular full-time institution of higher learning, HUEB offers undergraduate and graduate degree programs. It's positioned The multi-subject Hebei University of Economics and Business is located in Shijiazhuang, the provincial capital of Hebei, close to Beijing.