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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Lhasa, January 14 (Xinhua) — The gross regional product (GRP) of Lhasa, the capital of southwest China's Xizang Autonomous Region, will exceed 100 billion yuan (about 14.3 billion U.S. dollars) for the first time in 2025, Mayor Wang Qiang announced on Wednesday.
As Wang Qiang noted, investment and consumption in Lhasa showed strong growth in 2025.
The city has launched all 60 key projects, and fixed asset investment, according to preliminary estimates, increased by more than 5 percent year-on-year. Total retail sales of consumer goods amounted to 55.3 billion yuan, also up 5 percent year-on-year.
In addition to expanding its scale, Lhasa's economy has also improved qualitatively and structurally. Wang Qiang reported that by 2025, 61 new high-tech enterprises and 11 large industrial enterprises would have been established in the city.
The city's total trade turnover is estimated to have reached 5.5 billion yuan, as the vitality of its open economy continues to be unleashed.
The consistent strengthening of the integration of tourism and culture has stimulated the city's high-quality socio-economic development. In 2025, Lhasa welcomed 50.51 million tourists, a 16.8 percent increase year-on-year, and total tourism revenue reached RMB 60.6 billion, an increase of 14.5 percent year-on-year.
Wang Qiang noted that in 2026, Lhasa will focus on expanding, strengthening, and replenishing industrial chains, strengthening specific industries, optimizing core industries, and strengthening basic sectors, as well as accelerating the construction of a modernized industrial system.
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