Economy in Tibet ploughs ahead thanks to farming, medicine

World Today

Eye on Tibet takes you to the “Roof of the World” to explore how life has changed in the region over the last couple of years. Among the biggest changes in Tibet has been its economy, which has become one of the fastest growing in China with a 12 percent increase last year. Reporter Martina Fuchs traveled to the Himalayan region, and discovered that much of credit is due to Tibet’s unique agriculture and traditional medicines.

More details:

  • The Tibetan economy has traditionally been based on subsistence agriculture, animal husbandry, construction materials, and Tibetan medicine.
  • Today, about 80 percent of Tibetans are still farmers or herders.
  • The per capital disposable income of urban residents in the region was 22,026 yuan in 2014, up 8 percent year to year.