In 2007, the regional GDP of Shanxi Province reached 560 billion yuan, and the total fiscal revenue amounted to 120 billion yuan. The overall foreign trade volume attained $11.57 billion. Its development stays at middle place among other provinces.By the end of 2006, 2,656 foreign invested enterprises have been approved, with total investment of $18.05 billion. The amount of contractual foreign investment utilized was $7.545 billion. And the actually utilized foreign investment was $4.136 billion, among which $3.259 billion was covered in the statistics scope of the State Ministry of Commerce.The volume of foreign contracted projects reached $285.73 million in 2006; the business turnover attained $285.96 million, and 2666 labors were working overseas. The figures increased by 36 percent, 53 percent, and 15 percent respectively. The province also speeds up its overseas investment. 18 overseas investment projects have been approved in 2006. $112 million investment went to 17 countries and regions, covering the areas of hotel, logistics, textile, clothing, coking, electronics and machine building.Since the reform and opening up, there are increasing number of countries and international organizations that conducting cooperation and exchanges with Shanxi Province. Up to now, Shanxi has established friendship province-state relationship with 27 states and provinces from other 12 countries including U.S.A., U.K., Italy, Germany and Japan, etc.