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Development

Tertiary Industry Generates Half of Tibet's Economy

[WTN-L World Tibet Network News. Published by The Canada Tibet Committee. Issue ID: 2006/01/17; January 17, 2006.]

By People's Daily Online
January 17, 2006

Tibet has stepped up efforts on the readjustment of its industrial structure in recent years and has improved the lay-out of the three industries involving agriculture, industry and tertiary industries. The proportion of the tertiary industry constituted 57 per cent of the regional GDP, as learned from the ongoing fifth session of the Eighth People's Congress of the Tibet Autonomous Region in Lhasa.

The industries of tourism, communications, posts and telecommunications, and modern commerce have been under rapid development so far. The statistics released by the Development and Reform Commission of the region show that the tertiary industry contributed added value of 14.25 billion yuan in 2005, up by 14.2 per cent over the previous year.

Tourism has become one of the fastest developing sectors in the region. Statistics show that the tourism income totaled 1.93 billion yuan in 2005.


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