A: The sectors in which foreign investment is particularly encouraged by the government of Tibet Authonomous Region include energy, water conservancy and communications, public utilities, construction, light industry, textiles, mechanical and electrical equipment, foodstuffs, breeding and cultivation, processing, exploitation of agriculture, forestry and animal husbandry, new-and hi-tech industries and new-emerging industries. Foreign investors can set up foreign-funded enterprises, Sino-foreign joint ventures or economic and technical cooperation. Mid-and long-term investment projects and lucrative comprehensive exploitation projects are most welcomed in Tibet.
Tibet's pillar industries open to foreign investment are: tourism, exploitation and utilization of tourism and natural resources; renovation and mass production of traditional Tibetan medicines, research and development of new medicines, cultivation and management of herbal plants; deep processing of forest products; development and utilization of forest resources; mining and geological prospecting; extraction and processing of mineral resources; processing of agricultural and livestock products, production of Tibetan handicrafts; and development and production of new building materials.
Self-employed workers and private enterprises are also encouraged by the government of Tibet Autonomous Region to set up Sino-foreign equity or contractual joint ventures, and to go into the processing business with supplied materials or designs, assembling supplied parts, compensatory trade and frontier trade. All enterprises with foreign investment approved by the government enjoy the preferential policies offered by the state and the autonomous region.