Xizang sees record foreign trade value

The GDP of the Xizang autonomous region totaled 276.49 billion yuan ($37.96 billion) in 2024, a year-on-year increase of 6.3 percent, officials said Tuesday during a news conference on the region's overall economic performance.

The per capita disposable income of all residents reached 31,358 yuan, up 8.2 percent from the previous year. For urban residents specifically, the figure was 55,444 yuan, a 6.8 percent hike, while rural residents saw an 8.3 percent increase to 21,578 yuan.

Foreign trade also grew last year, with the total import and export volume hitting 12.67 billion yuan, up 15.4 percent year-on-year. Exports accounted for 11.32 billion yuan, a rise of 15.3 percent, while imports climbed 16.9 percent to 1.35 billion yuan.