Giving full play to its geographical and regional advantages of opening up to the west, the XPCC made better use of both domestic and foreign markets and resources, continued to optimize the environment for investment and development. Up to now, the XPCC has established the economic relations with 131 countries and regions, developed economic and tech co-operations with more than 20 countries and regions. And it has gradually formed an all directional, multi-level and wide-range opening pattern by expanding the links with both foreign countries and inner provinces and cities all along the borders, bridges (Eurasian continental bridges) and state highway main lines.
        During the 10th Five-Year Plan period, the total import and export value hit 8.5 billion US dollars, which is 4.5 times that of the 9th Five-Year Plan period. The total import and export value in 2006 reached 3.55 billion US dollars, up by 12.8 %. Among it, the export value was 2.957 billion US dollars, increased by 56.2 %; the import value was 548 million US dollars. As to the 16 newly approved foreign investment contracts in 2006, the actually utilized foreign capital grew up by 41.9 % to 61 million US dollars. The accomplished business revenue through overseas contracted projects was 46.33 million US dollars, up 58.7 percent. The Approved amount of oversea-investment witnessed USD 16.922, a rise of 8.9 %. Of the 585 trade and investment projects in the year, the scale of the investment in capital accounted for RMB 15.326 billion. The project funds introduced from outside of the XPCC was RMB 4.082, up 91.6 %. Three corporations, Xintian international, Xinjiang Chalkis and Xinjiang Nongken, have already ranked among the state's top 500 foreign trade enterprises. The construction of Shihezi economic and technological development zone at national level saw fast development.

Translation by: Gong Jianmin (From the Foreign affairs office of XPCC)