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Tibet sees double-digit annual growth of consumption expenditure over past decade

October 12, 2022


Abstract : Southwest China's Tibet Autonomous Region has seen the per capita consumption expenditure of its residents surging over the past 10 years thanks to their rising income, authorities said Tuesday.

LHASA, Oct. 12 (Xinhua) -- Southwest China's Tibet Autonomous Region has seen the per capita consumption expenditure of its residents surging over the past 10 years thanks to their rising income, authorities said Tuesday.

The per capita consumption expenditure of urban residents in the region reached 28,159 yuan (about 3,960 U.S. dollars) in 2021, with an annual growth of 10.8 percent on average over the past decade, while that of rural residents reached 10,577 yuan, with an average annual growth of 15.2 percent over the past decade, Sonam Tashi, head of the regional statistics bureau, told a press conference.

In 2021, every 100 households in Tibet owned 38.9 private cars, 92 washing machines, and more than 200 mobile phones, according to Sonam Tashi.

The rising consumption expenditure benefits mainly from the residents' increasing incomes over the past decade.

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Keyword: consumption Tibet

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