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Tibet's GDP to maintain stable growth

December 24, 2008

China Knowledge Online - Singapore
Dec. 24, 2008
The gross domestic product (GDP) of China's Tibet Autonomous Region is estimated to reach RMB 39.2 billion this year, up 10.1% from a year earlier, sources reported, citing QiangbaPuncog, chairman of the regional government.
Despite the difficulties and hindrances happened this year, such as earth quake, snow disaster and financial turmoil, the economy of Tibet also keeps double-digit economic growth in 16 years, said the chairman.
The fixed-assets investment in the region is expected to reach RMB 31 billion, up 14.3% year-on-year.
So far, 76 of the 180 projects in the country's 11th five-year plan have been completed.
The per capita net income of farmers and herds people in the region will increase to RMB 3,170, representing a year-on-year increment of 13.7%.
Tibet will receive 2.2 million tourists in 2008, according to QiangbaPuncog, without providing any estimated revenue for the whole year.
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