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Full Text: Development and Progress of Tibet (9)

(Xinhua)    13:24, October 22, 2013
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The reform and opening-up drive has quickened Tibet's development.

Over the past 30 years or more, through reform and opening up, Tibet has been proactively promoting commerce, foreign trade and tourism. It has increased exchanges with other parts of China as well as communication and cooperation with foreign countries. In 1993 Tibet began to develop the socialist market economy with the rest of the country, developing into a new system within the same framework. Reforms have been carried out in the pricing and circulation of goods and materials, grains, and consumer goods, all of which have entered the market system. Currently Tibet is incorporated into the national market system. Commodities from all over the nation and across the world keep flowing into Tibet, enriching the urban and rural markets as well as the lives of the people. At the same time, well-known and quality products with local characteristics and folk handcrafts are transported to other parts of the country in large quantities.

Economically, Tibet is now more and more closely linked to the world. In 2012 the total volume of its foreign trade reached 3.424 billion U.S. dollars, more than 850 times that of 1953, which stood at 4 million U.S. dollars, with an annual growth rate of 12.1 percent. By the end of 2012 actualized foreign investment in Tibet was 470 million U.S. dollars. Taking advantage of its geographical position, Tibet is strengthening friendly cooperation with India, Nepal and other neighboring countries. To promote border trade, it is building a "commodity passageway" to South Asia via the land route, and has built trading centers in such port cities as Gyirong, Zhangmu, Yatung, Pulan and Riwu.

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(Editor:ZhangQian、Liang Jun)

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