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Economy in Tibet

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Economy in Tibet
Economy
Since the democratic reform in 1959, and especially since the adoption of the reform and opening-up policy in 1978, Tibet has witnessed remarkable economic development.
The Tibetan economy is dominated by subsistence agriculture.

The Tibetan yak still plays an important role in Tibetan life.
Yaks still promote the best way to plow fields in Tibet.

The Tibetan economy is dominated by subsistence agriculture.
Due to limited arable land, the primary occupation of the Tibetan Plateau is raising livestock, such as sheep, cattle, goats, camels, yaks, horses and some crops such as barley, buckwheat, wheat, potatoes, and assorted fruits and vegetables.
Development Zone
The State Council approved Tibet Lhasa Economic and Technological Development Zone as a state-level development zone in 2001. It is located in the western suburbs of Lhasa, the capital of the Tibet Autonomous Region.
It is a flat zone, ideal for construction services , and it has the natural conditions for good drainage.

Source: http://www.starmass.com/china_review/provincial_overview/tibet_demographic_economy.htm
Tibet demographic analysis and economy overview

The service sector plays an important role in Tibet’s economy growth. This is because in 2007, more than half (55%) of the provincial GDP is derived from the service industries. Tourism plays a crucial role to the province’s economic growth.
Newly emerging service sectors such as modern commerce, tourism, posts and telecommunications, catering, cultural entertainment and information technology have also been developing rapidly.
The construction sector contributes 21% to the provincial GDP, agricultural sector 16% and manufacturing contributes the least- 8% to the total GDP

GDP
While traditional agricultural work and animal husbandry continue to lead the area's economy, in 2005 the tertiary sector contributed more than half of its GDP growth, the first time it surpassed the area's primary industry. Rich

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