Economy of Tibet

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Farmer's market in Lhasa
Farmer's market in Lhasa
Development of GDP
Year GDP in Bill.Yuan
1994 5
2000 12
2004 20
2006 29
Source: [1]

The economy of Tibet is dominated by subsistence agriculture. Due to limited arable land, livestock raising is the primary occupation mainly on the Tibetan Plateau, among them are sheep, cattle, goats, camels, yaks, donkeys and horses. The main crops grown are barley, wheat, buckwheat, rye, potatoes, oats, rapeseeds, cotton and assorted fruits and vegetables. In recent years the economy has begun evolving into a multiple structure with agriculture and tertiary industry developing side by side.

[edit] Economy

Tibet's GDP in 2001 was 13.9 billion yuan.[2] The Central Chinese government exempts Tibet from all taxation and provides 90% of Tibet's government expenditure.[3]

A Tibetan farmer ploughing a field; yaks still provide the best way to plow fields in Tibet
A Tibetan farmer ploughing a field; yaks still provide the best way to plow fields in Tibet
The world's highest railway connected Tibet with eastern Chinese provinces for the first time by rail in July 2006
The world's highest railway connected Tibet with eastern Chinese provinces for the first time by rail in July 2006

In recent years Tibet's tourism has expanded rapidly, especially after the finish of Qingzang Railway in July 2006. Tibet received 2.5 million tourists in 2006, including 150,000 foreigners.[4] According to the Chairman of the Tibet Autonomous Region, Qiangba Puncog, Tibet's economy has grown on average 12% per year from 2000 to 2006. The per capita GDP reached 10,000 RMB in 2006 for the first time in the country's history.[4]

[edit] References

  1. ^ Gov.cn, February 2007: [1]
  2. ^ "China's Tibet Fact and Figures 2003", China Tibet Information Service, 2002-08-26. Retrieved on 2006-02-24. 
  3. ^ "Tibet's economy depends on Beijing", NPR News, 2002-08-26. Retrieved on 2006-02-24. 
  4. ^ a b "Tibet's economy grows at an average rate of 12 percent last 6 years", CCTV, 2007-06-21. Retrieved on 2007-06-22. 

[edit] External links and sources