Xizang Achieves Milestones in Economic Development
Southwest China's Xizang Autonomous Region has made significant strides in economic development and social rights protection, according to a white paper released by China's State Council Information Office. The region reported a GDP of 276.5 billion yuan (approximately $38 billion) in 2024, marking a 6.3% year-on-year increase.
Poverty Elimination Success
By the end of 2019, all 628,000 registered impoverished residents in Xizang had been lifted out of poverty. Recent data shows a 12.5% rise in per capita net income for these individuals in 2024, underscoring sustained progress in living standards.
Infrastructure and Social Progress
Ongoing investments in infrastructure and social programs have strengthened access to education, healthcare, and employment opportunities. Analysts highlight these developments as key contributors to regional stability and improved quality of life.
The findings reflect Xizang's integration into China's broader economic modernization efforts, offering insights for investors and policymakers monitoring Asia's growth trajectories.
