The University of Science and Technology of China is a new type university established by the Chinese Academy of Sciences (CAS) after founding of New China. The University was founded in Beijing in September of 1958. Mr. Guo Moruo is the first president of the University. The establishment was hailed as "A Major Event in the History of Chinese Education and Science". CAS has supported the University by combining most of its Institutes with the departments in USTC. CAS has pooled the entire strength of its faculty and its advantages in science and technology for University's developing. USTC is the youngest national key university. In the beginning of 1970, USTC was moved to Hefei, the capital of Anhui Province. (click here for more details.)