CHINA Tibet's GDP grows 7.8 pct in 2020

CHINA

Tibet's GDP grows 7.8 pct in 2020

Xinhua

13:01, January 20, 2021

The Potala Palace, Lhasa, Tibet. (Photo: VCG)

LHASA, Jan. 20 (Xinhua) -- The gross domestic product (GDP) of southwest China's Tibet Autonomous Region grew 7.8 percent in 2020, said Qizhala, chairman of the regional government.

Tibet's GDP surpassed 190 billion yuan (around 29.2 billion U.S. dollars) last year, Qizhala said in his government work report delivered Wednesday at the fourth session of the 11th People's Congress of Tibet Autonomous Region.

Per capita disposable income for the region's rural residents grew 12.7 percent, while that for urban residents rose 10 percent.

The chairman hailed the tremendous progress Tibet has made in poverty alleviation, noting that the per capita annual net income of the region's registered poor population has exceeded 10,000 yuan.

"Over half a century ago, a democratic reform liberated more than 1 million Tibetan people from feudal serfdom," said Qizhala. "Today, the region has resolved the millennia-old issue of extreme poverty."

The regional government has set Tibet's GDP growth target in 2021 at more than 9 percent, said Qizhala, adding that the per capita disposable income of the region's urban and rural residents in 2021 is expected to grow 10 percent and 13 percent, respectively.

Qizhala said the region aims to create 50,000 urban jobs and ensure that the registered unemployment rate stands at around 5.5 percent.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue