Xinjiang Foreign Economic And Trade (Group) Co.,Ltd. is the largest state owned comprehensive foreign trade enterprises group to engage in I/E business trade in western China. The predecessor of which, Xinjiang Local Trade I/E Corp. Was established in 1986, and from 1989 to 1998 it had been ranked the top 500 Chinese I/E Companies for 10 years and was at 76 place in 1997. By the realignment of assets and reorganization, a newly subsidiary company of the Group, Xinjiang International Business Joint Stock Co., Ltd., As one of the listed company was approved by the Securities Inspection of China in February 3rd, 1999. The Group Co. Ltd. Mainly engages in agricultural and industrial neaps of production and high tech products, such as Steel products, Comical fertilizer, Oil and Cereals Textile, Plastics, Building Material, Animal by Products, Machinery, Computer and newsprint, Foodstuff, raw material of medicine such as Ephedrine, Licorice, etc. The Group increases the investment to the construction project of the industrial and agricultural basis, and also deals in Cooperation, New construction project, foreign engineering contract, foreign transportation and warehouse service etc.