|May 25,2018--Tibet's economic activity kept steady in the first quarter of 2018, lying a solid foundation for fulfilling the task and goal of this year. Tibet's gross regional product of the first three months stood at 30.22 billion yuan, down 1.5 percentage points year on year, 2.7 percentage points faster than China's overall economic growth.
According to the regional bureau of statistics, Tibet's fixed-asset investment rose 27 percent year on year, a 3.1 percentage point faster than last year, which ranks the first in China.
The regional retail sales of consumer goods grew 14.5 percent year on year to reach 13.597 billion yuan, a 0.1 percentage point lower than the same period of last year.
Tibet's import and export value reached 1.316 billion yuan, a decrease of 15.1 percent year on year. However, the value of import and export was 785 million yuan and 531 million yuan, retreating 20.7 percent and 5.1 percent respectively.
Tibet's fiscal revenue maintained a rapid growth from January to March, an increase of 35.4 percent over the same period last year. The regional public fiscal budget revenue rose 48.9 percent compared with the same period last year. The tax revenue saw an increase of 28.9 percent year on year. The income of residents in Tibet increases rapidly in the first quarter of 2018. The per capita disposable income of urban dwellers was 8,010 yuan in January-March, a year-on-year growth of 9.6 percent. The per capita disposable income of rural residents registered 1,484 yuan, an increase of 11.3 percent over the same period last year. The local enterprises also has seen a rapidly growth. The regional consumer price index saw a rise of 1.4 percent year on year. The price of healthcare goods rises by 2.8 percent at the fastest increasing pace among the eight major commodities. The prices of means of subsistence saw a rise of 5.2 percent year on year, among which the price of food increases 5.3 percent.