Xizang’s per capita income growth ranks first in China in the first 9 months

A village in Yadong County, China’s Xizang Autonomous Region, borders India and Bhutan. Photo: IC

The GDP of southwest China’s Xizang Autonomous Region, also known as Tibet, grew 7.2 percent year-on-year to reach 144 billion yuan ($ 22.4 billion) in the year. during the first three quarters of 2021, local government data said on Saturday.

The value added of the tertiary industry saw the strongest increase among all sectors, with an increase of 11.6% year-on-year to reach 80.45 billion yuan.

Although Xizang’s economic growth rate has been slightly lower than 9.8% of the national average so far this year, the two-year average growth rate was still 1.5 percentage points above the average. nationwide, ranking second in the country, Cai said. Min, deputy director of the local statistics office.

In the first three quarters of the year, online retail sales in Xizang reached 12.81 billion yuan, an increase of 78.6% year-on-year, 60.1 percentage points higher than the national average, ranking second in China.

“Xizang’s economic growth has been stable for many years, and a path of stable and rapid growth has gradually taken shape,” Cai said.

The income of residents is growing much faster than economic growth.

In the first three quarters, the per capita disposable income of urban residents of Xizang was 35,517 yuan, an increase of 14.2% year-on-year, and the per capita disposable income of rural residents reached 10,470 yuan, recording annual increase of 15.8 percent.

The growth rate of per capita disposable income of urban and rural residents of Xizang ranked first and second in China, respectively, 4.7 and 4.2 percentage points above the national average.

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