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15:16 Mar 27 2009

Special ReportNetizen's VoiceMedia Voice
English>>Tibet Online
Central government's investment in Tibet grows year after year
15:02, March 23, 2009  

Over the past 50 years since Democratic Reform in Tibet, Chinese central government has never taken away one penny from Tibet. At the same time, the central government has constantly increased the amount of fiscal transfer payments to Tibet, according to the news from the Tibetan Autonomous Regional Bureau of Statistics.

Over the past 50 years, the central government has adopted a series of preferential policies in Tibet and offered Tibet strong financial support in order to advance economic and social development.

According to statistics, in infrastructure alone, the central government's cumulative investment in Tibet exceeded 100 billion yuan for the period from 1951 to 2008.

From 1959 to 2008, the central government's cumulative fiscal transfer payments to Tibet reached over 201.9 billion yuan, with an average increase of nearly 12 percent a year.

Since the "Eleventh Five-Year Plan" period, the central government's cumulative financial subsidies to Tibet by the end of 2008 had reached 62.501 billion yuan, 24.7 billion yuan greater than the 37.8 billion yuan of total financial subsidies that the central government allocated to Tibet during the "Tenth Five-Year Plan" period.

With great support from the central government, and because of the powerful drive of Tibet's rapid economic development, Tibet's financial strength has visibly been improved year after year.

By China Tibet Online

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