Recently, the National Development and Reform Commission (NDRC) approved the Foreign Capital Utilization Plan for the Xinjiang University of Finance and Economics to implement the Education and Teaching Infrastructure Improvement Project financed by the Israeli Government Loan. The project mainly supports the Xinjiang University of Finance and Economics to improve the teaching infrastructure. Specifically, the project includes the procurement of digital information-based teaching equipment, power capacity expansion and upgrade, the purchase of teaching and living facilities, the construction of a new underground parking lot and new stormproof playground, and the upgrade and renovation of teaching buildings and supporting facilities. The total investment of the project is 285.68 million RMB, of which 30 million USD is financed by the Israeli Government Loan.