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Economy

Tibet's GDP expands 6.7% in 2021

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2022-01-29 14:51:12Xinhua Editor : Li Yan ECNS App Download

A worker checks on Tibetan incense products in a workshop at Nyemo county, Lhasa, Southwest China's Tibet autonomous region, on Sept 18, 2021. (Photo/Xinhua)

The gross domestic product (GDP) of Southwest China's Tibet autonomous region grew 6.7 percent year-on-year in 2021. The regional government announced the figure at a press conference Thursday.

Tibet's GDP stood at 208 billion yuan ($32.8 billion) last year. The average annual increase of the past two years was 7.2 percent, showed official data.

The record-breaking GDP figure and the constantly improving economic structure reflected the massive potential of Tibet's development, an official with the regional bureau of statistics said.

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