Jan. 31, 2007 (China Knowledge) – Foreign direct investment (FDI) into northwest China's Xinjiang Ugyur Autonomous Region hit a record high last year with nearly 100 newly approved foreign-funded projects, the regional government said.

The projects brought US$360 million of contractual investment, up 34% year-on-year, said Qian Yong, an official in charge of foreign trade and economic cooperation.

Xinjiang, whose borders run for over 5,600 km, has set up trade ties with more than 100 countries and regions. The regional customs said foreign trade topped US$9 billion, and trade surplus was US$5.17 billion.