Tibet’s foreign trade stable in 2018 - Economy & Society - Tibetol

Home > News > Tibet > Economy & Society >

Tibet’s foreign trade stable in 2018
update:February 18,2019

LHASA, Feb. 18, 2019 -- Foreign trade in southwest China's Tibet Autonomous Region was stable in 2018.

Official data showed that Tibet's import and export volume totaled 4.752 billion yuan (701 million U.S. dollars) last year. Meanwhile, trade between border residents exceeded 100 million yuan, a year-on-year increase of 169.3 percent. Trade with Nepal rose 4.6 percent year on year and accounted for 52.6 percent of all foreign trade.

Tibet has rolled out a series of measures to enhance border trade, while actively joining in the Belt and Road Initiative, which provided a strong impetus to its foreign trade development, said Liu Dali, chief of Lhasa Customs. Local authorities' promotion of economic cooperation with countries in South Asia and Southeast Asia also contributed to the stable foreign trade.

Last year, 26 new foreign-invested enterprises were set up in Tibet, bringing a foreign capital of 60 million U.S. dollars.

  • Tibetan New Year celebrated in SW China’s Tibet
  • Annual “sunning of the Buddha” ceremony of Labrang Monastery held in NW China’s Gansu
  • People of Tibetan ethnic group celebrate Shangjiu Festival

E-mail:editor@tibetol.cn |About Us|Contact Us |Site Maps|
Address:3/F, C Tower, RECREO International Centre, 8 Wangjing East Road, Chaoyang District, Beijing 100102, PRC
Copyright by China Intercontinental Communication Co., Ltd All Rights Reserved.