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Tibet Reports Double-Digit Growth in Foreign Trade

The Tibet Autonomous Region reported a total imports and exports of US$28.81 million for the first quarter this year, a sharp rise of 40.95 percent year on year.

Of the total, exports jumped by 42.8 percent to US$25.97 million and imports grew by 28.4 percent to US$2.85 million, according to the regional statistics bureau.

During the same period, Tibet had a total industrial output value of 219.94 million yuan (about US$26.5 million), up 7.9 percent from a year earlier. Industrial businesses at and above the township level realized 91.05 million yuan (about US$10.97 million) in value added, a rise of 8.1 percent.

Major industrial products include chrome ores, prepared traditional Chinese medicine, beer and cement.

Tourism in this southwestern Chinese region continued to surge over the three months, when the number of tourists increased 19.2 percent year on year to 59,727, including 3,171 from overseas, up 29.8 percent.

The tourists brought to the local tourism industry a total income of 41.38 million yuan (about US$4.99 million), a rise of 33.6 percent from the same period last year.

(People’s Daily 05/03/2001)

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