A: With the deepening of China's structural reform of foreign economy and trade, Tibet Autonomous Region has gradually established a foreign trade operational mechanism that conform to eign trade operational mechanism that conforms to international norms. In 1994 Tibet launched a unitary floating exchange rate system based on supply and demand of the market. Under this system, foreign currency-earning enterprises can deal directly from the bank in settlement of foreign exchange transactions. Reform has commenced among state-owned foreign trade and economic enterprises according to the requirements of modern enterprise system. State-owned enterprises are turned from state plan executors to dealers of import and export commodities. Foreign trade licenses are granted to eligible enterprises in the production and circulation sectors, and a batch of comprehensive trading companies have been established.