LHASA, April 25 (Xinhua) -- Tibet's economy posted a
17-percentgrowth in the first three months of this year, the highest growth in
the last ten years, the region's chief statistician said on Wednesday.
"Tibet's gross domestic product (GDP) grew to 6.4 billion yuan (820 million U.S. dollars) in the first quarter
of 2007, up from a growth rate of 11.3 percent for the same period in 2006,"
said Jinme Doje, director of the regional statistics bureau.
Jinme attributed the fast economic growth to the
rapid increase in the region's fixed-asset investment, consumption volume,
government expenditure, and the Qinghai-Tibet railway which began operation last
July.
The region reported a fixed-assets investment of 698
million yuan (90 million U.S. dollars) and a consumption volume of 2.6 billion
yuan (333 million U.S. dollars) in the first quarter of 2007, up 38.7 percent
and 19.2 percent respectively.
"We expect a sustained fast growth rate in the second
quarter of this year, but the region's growth rate in the latter half of the
year may not be as huge due to the rapid growth rate in the latter six months of
2006," Jinme said.
Tibet has reported five consecutive years of GDP
growth of more than 12 percent but remains one of China's most underdeveloped
regions due to its harsh natural conditions and its heavy reliance on
investment, said Qiangba Puncog, chairman of Tibet in March this
year.