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Tibet foreign trade triples in 3 quarters

11-05-2012 15:48 BJT

It is known from the Tibet Autonomous Region Business Bureau that from January to September of 2012, the total value of Tibetan foreign trade import and export reached $ 2.481 billion, 196.01% up the previous year. The export trade value reached $2.418 billion, up by 235.47%; the import trade value reached $63 million, down by 45.85 %.

Gao Yinhua, the head of Foreign Trade Department in the Tibet Autonomous Region Business Hall says, from the perspective of Tibetan foreign trade development trend in the previous nine months, it can be expected that the total value of Tibetan foreign trade import and export will exceed $3 billion this year.

Compared to the foreign trade growth rate in many other Chinese regions, Tibet maintains a high growth trend. Gao says, due to the rapid growth of import and export trade scale, this year is the best in the Tibetan foreign trade development history. She analyzes that since the central committee’s fifth forum on work in Tibet, the effect of finance, tax and other preferential policies are obvious.

Tibetan infrastructure and port environment are improved significantly, both of which play a major role in Tibetan foreign trade development.

Gao introduces that in the first three quarters of this year, the development of border trade is stable and import trade grows rapidly. The strong development of border trade owes to the zero tariff policy China implements to the import products from Nepal. On the other hand, the communication platform builds a contact channel between Tibet Autonomous Region and Nepal Economic Coordination Commission.

In addition to Nepal, Tibetan foreign trade partner is further diversifying. Up to now, countries and regions which have trade communication with Tibet have reached 138, up by 33 over the previous year. The main entity of Tibetan foreign trade has been further strengthened and its own product export scale continues to expand.



Editor:Lu Jiaying |Source: China Tibet Online

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