Since the begining of this year, Tibet has been vigorously promoting the structural reform of supply side, reinforcing the economic operation and accelerating the implementation schedule of the Thirteenth-Five Year Plan. Data show that the growths of the major economic indicators, such as fixed assets investment, total retail sales of consumer goods, disposable personal income of rural residents, disposable personal income of urban residents and so on, all rank front row in the country. The economic growth and quality efficiency in Tibet has raised significantly.

 

As the begining year of the "Thirteenth Five-Year Plan", the economy of Tibet Autonomous Region has maintained steady and relatively rapid development momentum with a rising economic development quality in the first half of 2016. The regional GDP reaches 47.196 billion yuan RMB, 1.5 percent higher compared with that of last year.

 

With the economy's fast growing, Tibet also put forth effort to ensure and improve people's wellbeing as well as put more financial resources into the people's livelihood construction field.  Various works relevent to poverty alleviation start orderly, which has completed an investment of over two billion yuan RMB.