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Economy
Special> China's Tibet: Facts & Figures> Economy
UPDATED: October 29, 2008  
Industry and Building Industry
 
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Tibet undertakes to build more houses for the ordinary people. Now, some 500,000 farmers and herders have moved into such new houses.

In 2007, the overall industrial economy saw remarkably faster development. The added value of overall industry reached 2.571 billion Yuan, up 17.1 percent over 2006. Of this, the added value of industrial enterprises above designated size reached 2.254 billion Yuan, up 17.6 percent. Their output value was 4.136 billion Yuan, an increase of 18.4 percent from that of 2006. The output value of light industry was 1.470 billion Yuan, up 18.7 percent, and that of heavy industry 2.666 billion Yuan, an increase of 18.2 percent. Among the enterprises above designated size, the output value of State-owned and State-controlled enterprises amounted to 2.160 billion Yuan, up 12.6 percent. In regard to registered type, the output value of State-owned enterprises reached 1.382 billion Yuan, a rise of 13.6 percent; that of collective enterprises 185 million Yuan, a fall of 6.2 percent; that of joint-stock enterprises 1.745 billion Yuan, up 31 percent; that of share-holding cooperative enterprises 68 million Yuan, a decrease of 28.5 percent; that of enterprises run by foreigners and the people from Hong Kong, Macao and Taiwan 398 million Yuan, up 41.4 percent; and that of other ownership enterprises 358 million Yuan, up 1.0 percent.

Through the implementation of the brand-advancement strategy, at the end of 2007, Tibet had two Chinese name-brand products, seven national inspection-free products of four enterprises, 12 Tibetan name-brand products and 23 AAA-grade enterprises in terms of quality and credit standing.

The profits of the industrial enterprises above designated size reached 561 million Yuan, up 42 percent over 2006. The profit of State-owned and State-controlled enterprises was 272 million Yuan, a rise of 66.5 percent; that of collective enterprises 250 million Yuan, a fall of 1.8 percent; and that of joint-stock enterprises 250 million Yuan, up 47.8 percent. As for the industrial enterprises above the designated size, their ratio of sales to gross output value reached 93.6 percent.

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