to reflect the fact that all universities under the new socialist state would be public. In 1952, Mao Zedong's government re-grouped the country's higher education institutions with individual institutions tending to specialize in a certain field of study after the Soviet model. As a result, some arts and science faculties of Tsinghua University and former Yenching University were merged into Peking University. At the same time, however, the university lost its Law, Medicine, Engineering and Agriculture schools. These schools and faculties were either merged into other universities or to found new colleges. During the re-grouping, Yenching University was closed up. Peking University moved from downtown Beijing to the former Yenching campus. The first disturbances of the Cultural Revolution began at Peking University in 1966; education there ceased between 1966 and 1970. On May 4, 1998, at the 100th anniversary of Peking University, Communist Party General Secretary Jiang Zemin announced that the government would initiate a national project to promote China's higher education by funding selected universities to achieve world-class level. The project was later named “985” based on the date of its announcement. 21st century (2000–present) In 2000, Beijing Medical University was merged back into Peking University and became the Peking University Health Science Campus. Beijing Medical University, which used to be Medical School of Peking University, was separated from Peking University in 1952. Peking University now has eight affiliated hospitals and 12 teaching hospitals. In 2001, Peking University established the Yuanpei Program. It was formalized in 2007 as the Yuanpei College, named in honor of the highly respected former university president Cai Yuanpei. The college hosts an elite undergraduate liberal arts program that allows students to freely choose specialisations. In the same year, Peking University set up a satellite campus for graduate students in Shenzhen. The university's second business school, Peking University HSBC Business School was launched on the Shenzhen campus in 2004. In 2014, Peking University established the Yenching Academy, a fully funded global fellowship program designed "to cultivate leaders who will advocate for global progress and cultural understanding." In October 2015, Peking University alumni Professor Tu Youyou was awarded the Nobel Prize in Physiology or Medicine for her discovery of artemisinin. Having saved millions of lives, artemisinin has made significant contributions to global health in regard to the fight against malaria. In May 2016, the Peking University Department of Psychology was renamed as Peking University School of