Tibet reports double-digit growth in 2017

Updated 2018-01-24 17:24:02 Xinhua

Southwest China's Tibet Autonomous Region reported 10-percent GDP growth last year, marking the 25th straight year of double-digit growth, local authorities said Wednesday.

Tibet's GDP reached 131.06 billion yuan (around 20.5 billion U.S. dollars) in 2017, according to statistics announced at the 11th Regional People's Congress.

Last year, the plateau region achieved a 23.9-percent increase in its fixed asset investments, totaling around 205 billion yuan, and raised the per capita disposable income of its urban and rural residents by 10.3 percent and 13.6 percent respectively.

Over the past five years, Tibet has remained one of the fastest growing provincial-level regions in China. Livelihoods, the environment, infrastructure and the region's competitive industries have all improved.

In 2018, Tibet set a target to achieve GDP growth of around 10 percent, with an 18-percent increase in fixed-asset investment as well as increases of more than 10 percent and 13 percent, respectively, for urban and rural per capita disposable incomes.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58February 21 2018 09:37:12

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16February 21 2018 09:37:12

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18February 21 2018 09:37:12

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords