The year of 2011 marks the 60th anniversary of the peaceful liberation of Tibet, as well as the start for both the state and regional 12th Five-Year Plan period(2011-2015).
Tibet's economy is expecting a rapid growth driven by the "three highlights": the state investment, development of distinctive industry and border trade, according to Xinhua.
First, the strategic investment by the central government of China will continue to be the major driving force for Tibet's economic development. Due to the weak economic strength, Tibet will continue to receive financial support from the central government.
The state investment is estimated to reach 26 billion yuan in 2011,while the local social investment in fixed assets will amount to 52 billion yuan Padma Choling, chairman of Tibet Autonomous Region said.
The state investment will be involved in major projects such as railway extension from Lhasa to Shigatse, Zangmu Hydroelectricity Power Plant，the Qinghai-Tibet Power Grid Interconnection Project, etc.
Distinctive industries will be further developed. Tibet's tourism is expected to attract 7.5 million tourists from home and abroad, with the estimated revenue of 7.6 billion yuan. Indigenous products will also play a greater role in the regional economy, including highland green food, Tibetan medicine and distinctive drinks.
Last but not least, Tibet's foreign trade is expected to boom, especially boarder trade. The region is ambitious to exert more efforts in building up the continental trade route to South Asia, which will bring about more opportunities for Tibet.
From: China Tibet Online
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