Fudan University, Shanghai Institute of Visual Arts was established with the approval by the State Ministry of Education, a new arts undergraduate institutions are combined by the Fudan University, Shanghai Media & Entertainment Group, Wenhui-Xinmin United Press Group, Shanghai World Expo (Group) Co., Ltd., Shanghai Jingwen Investment Co., Ltd., Shanghai Jingwen home (Group) Co., Ltd., Shanghai Shen Education Investment Co., Ltd., Shanda Networking Development Co., Ltd., jointly invested to create an independent institute.