Tibet’s GDP reached $20.71 billion in 2017

Beijing. March 14. Silkroadnews - Tibet’s GDP reached $20.71 billion in 2017, a 10% increase compared to the previous year, Tibetol.cn information portal reports.
“The gross domestic product of Tibet in 2017 reached 131.06 billion yuan (20.71 billion US dollars), increasing by 10%, while the per capita income of rural residents has exceeded 10,000 yuan (1,580 US dollars),” the agency quoted saying by Qi Zhala (Che Dhalha), a deputy to the 13th National People’s Congress and chairman of the Tibet Autonomous Region.
Over the recent years, Tibet has maintained a high rate of development, with the economy growing at double-digit rates for 25 consecutive years and attaching great importance to the quality of development.
According to Qi Zhala, to achieve a high quality of development, Tibet had to correctly manage the relationship between public investment and social investment, as well as the relationship between major projects and projects for livelihood.
“Tibet’s high quality of development should benefit all rural and nomadic people,” Qi Zhala is cited.
In the future, Tibet will focus on the development of seven industries, including high-tech biotechnology, tourism, environmentally-friendly industries, clean energy, modern services, high-tech and digital industries and logistics of cross-border trade.