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   Position :Tibet Online > Message > Focus > 2016 > Forum on the Development of Tibet, China > Topic 1
 
Leveraging Modern Financial Instruments for Innovative Economic Development in Tibet
    Date:07-08-2016 Source: Author:Wang Dehong (Singapore)、Song Jianbo (China)    

Abstract: Modern economy cannot stand away from contemporary financial industry. It will be very helpful to the implementation of innovative development strategy in Tibet to use rational financial instruments. This paper reviews the importance of financial industries to the economy in Tibetan history, and retrospect the current status of financial industries in Tibet. This paper also analyzes the challenges that financial industries in Tibet are confronted with today, and discusses possible solutions to these challenges. In the end, this paper provides some suggestions for China central government and Tibet autonomous municipal government: through innovative thinking in the development path of financial industries in Tibet, taking special strategy and policies for financial industries, building a special financial zone, reinforcing financial support in the green industries (e.g. husbandry and tourism industries), leveraging on financial industries to promote further grow-up of Tibetan economy and to create a Tibet-featured economic development path.

(Wang Dehong, Associate Professor, International Business School, Beijing Foreign Studies University;Professor, Business School, Renmin University of China)

 
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