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CHINA> Regional
Central government's support vital to development in Tibet
(Xinhua)
Updated: 2009-03-30 14:06

In the same year, Tibet's government declared that it would carry out the policy of opening to China's inland areas and to other countries. For this, 1984 is usually regarded as a key year in Tibet's opening-up, according to the report.

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The economic aggregate soared from 1.368 billion yuan in 1984 to 39.591 billion yuan in 2008, an increase of 11.3 times within 25 years calculated by comparable price, and the annual growth rate reached 10.5 percent, the report said.

To promote better and faster economic development in Tibet, the central government held the Fourth Tibet Work Symposium in 2001. The meeting decided upon 117 state-invested projects, involving a total of 31.2 billion yuan. In addition, the central government provided 38 billion yuan in financial subsidies, while 70 coordinated assistance projects and Tibet-aid funds from around the country involved more than 3 billion yuan, the report said.

Driven by such a huge investment, the economic aggregate of Tibet rose from 13.916 billion yuan in 2001 to 39.591 billion yuan in 2008, with a high annual growth rate of 12.4 percent. In 2006, the per capita GDP of Tibet exceeded 10,000 yuan, a milestone marking that Tibet was no longer in the last place in China economically, according to the report.

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