You are Here : Home  » Country Guides  »  Indian Subcontinent  »  Tibet  
Follow Us
Share   
Advertisement












 
Tibet News
Tibet Events
Tibet Travel Packages
Tibet HoneyMoon Packages
Tibet Cruises
Communications
Culture
Dialing Codes
Duty Free
Economy
Embassies in Abroad
Entertainment
Festivals
Food
Foreign Embassies-Consulates
Getting There
Health
Hotels
Map
Money
Overview
Public Holidays
Sightseeing
Top Things To Do
Transport
Travel Advice
Travel Guide
Travel Information
Visa and Passport
Weather
 
Tibet Economy

The Tibetan economy consists of subsistence agriculture, or the growing of enough food to live off of.Due to very little arable land available and the main crops grown are barley, wheat, buckwheat, rye, potatoes,oats,grapeseeds, cotten, and assorted fruits and vegetables.  Livestock are also raised, mainly on the Tibetan Plateau, among them are sheep, cattle, goats, camels, yaks,donkeys and horses. In recent years the economy has begun evolving into a multiple structure with agriculture and tertiary industry developing side by side.
 
Tibet's GDP in 2008 was 39.6 billion yuan. The Central Chinese government exempts Tibet from all taxation and provides 90% of Tibet's government expenditure. A Tibetan farmer ploughing a field; yaks still provide the best way to plow fields in Tibet

Tourism:
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. 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 Tibet's history.

In the first six months of 2008, economic growth in Tibet was halved after the Lhasa riots. The regionís economy expanded 7.4 percent in the period from 2007, down from 14.7 percent in the year-earlier period.

From January 18-20, 2010 a national conference on Tibet and areas inhabited by Tibetans in Sichuan, Yunnan, Gansu and Qinghai was held in China and a substantial plan to improve development of the areas was announced. The conference was attended by Chinese President Hu Jintao, Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang signaling the commitment of senior Chinese leaders to development of Tibet and ethnic Tibetan areas. The plan calls for improvement of rural Tibetan income to national standards by 2020 and free education for all rural Tibetan children. Tibet has invested 310 billion yuan (about 45.6 billion U.S. dollars) in Tibet since 2001. "Tibet's GDP was expected to reach 43.7 billion yuan in 2009, up 170 percent from that in 2000 and posting an annual growth of 12.3 percent over the past nine years."[6] Outside observers credited increased interest in Tibet to concern over Tibetan nationalism which resulted in ethnic unrest in 2008. The Chinese blame the unrest on "the separatist forces led by the Dalai clique", the Tibetans on "the suppression of traditional Buddhist practice and over the influx of ethnic Han migrants to Tibetan areas".

Import-export trade:
The government encourages and supports Tibetan enterprises and joint ventures which choose to set up proprietorships in neighboring counties to produce goods for sale exclusively outside China using raw materials, semi-manufactured goods or technical facilities from within or without the region. Foreign trade enterprises are permitted to take imported goods with other provinces and regions.

The Tibetan economy has developed in recent years. In 2000, the GDP was 11.746 billion Yuan, the total gross output value of industry and farming, forestry, animal husbandry and fishery was 6.95 billion Yuan, and the per capita GDP 4,559 Yuan. The total value of imports and exports in Tibet in 2000 reached 130.29 million US dollars. Government revenue was more than 6,898.05 million Yuan. But productivity is very low, and manual farming and animal husbandry are still the primary pattern. Although in some areas near cities, a few machines are used for agricultural purposes, manpower and animal power are still applied in plowing the land. So agricultural production is neither high nor stable. In Tibet, the industry sector is quite small in size and diversity.

Advertisement
Cheap Hotel Bookings India
India Cheap Hotel Rooms
Lhasa Air Ticket Cheap 
Cheap Travel Insurance
Kailash Mansarovar

Car Hire India
India Tourism
Travel Guide

 
 
Travel2Abroad .. all rights reserved