- CNTV English - CCTV News

Tibet reports strong half year GDP, trade growth

07-27-2010 10:31 BJT

LHASA, July 26 (Xinhua) -- China's Tibet Autonomous Region reported rapidly growing economy and trade during the first half of 2010, regional authorities said Monday.

With local GDP growing by 11.2 percent year on year to reach 20.32 billion yuan (about 3 billion U.S. dollars), Tibet's economy has been restored to the level before March 2008 when unrest disrupted social and economic development, said Padma Choling, chairman of the regional government.

Tibet had fiscal revenues of 1.718 billion yuan in the first six months of the year, up 36.16 percent from the same period last year. Its income from taxes also increased by 53 percent year on year to 2.1 billion yuan.

The region's department of commerce reported an increase in trade of more than 60 percent in the first half of 2010.

The trade volume of Tibet in the first six months reached 330.96 million U.S. dollars, up 60.41 percent from the same period last year, with a surplus of 238.06 million dollars, according to a statement by the department.

Manufactured goods including traditional medicines accounted for 89 percent of the region' s exports, while primary goods accounted for 11 percent.

Mechanical and electronical products such as excavators accounted for 90 percent of imports into Tibet, the department said.

Editor:Du Xiaodan |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program