Related News

Home » Business » Economy

Tibet targets 10% advance in economy

THE government of Tibet Autonomous Region is so bullish that it is aiming for an economic growth of more than 10 percent this year.

Qiangba Puncog, chairman of the regional government, disclosed the ambitious plan for the new year in his work report to the regional people's congress which opened yesterday in Lhasa, the regional capital.

The Tibetan official also set forth other double-digit growth targets for 2009, including per capita net income for farmers and herders; budget revenue for local finance; investment in fixed assets; and retail sales of consumer commodities.

Efforts will be made to limit rising consumer prices to below the level of 2008, and to control the registered urban unemployment rate to within 4.3 percent, which was the same figure as last year, said Qiangba.

Tibet also plans to boost consumption in the region, although no specific measures on how to do this were released at the meeting.

Tibet is budgeting for over 10 percent in foreign trade volume increase this year.

To accomplish that goal, the region wants to export more local products to Myanmar, India, Bhutan and Nepal.

The region's foreign trade totaled US$500 million last year, a surge of 27 percent. It also received 4.8 billion yuan (US$701 million) of investment from areas outside Tibet ?? a rise of 3 percent.

Last year was unusual for Tibet's development, Qiangba said. The region withstood challenges such as the Lhasa riots, earthquakes, deadly winter weather and a slowdown of the economy.

"Challenges and opportunities will go side by side again this year, though the latter might outweigh the former in 2009," said Qiangba. "We should be fully aware of challenges and use every possible method to maintain significant development in the regional economy."

According to the chairman, the plateau region saw a 10.1-percent rise in gross domestic product last year.

Per capita income for farmers and herders was 3,170 yuan, up 13.7 percent. Per capita disposable income for urbanites rose by 10.5 percent to reach 12,300 yuan. Budget revenue totaled 2.49 billion yuan, a jump of 23.5 percent.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend