On January 31, Karma Tseten, Chairman of the Tibet Autonomous Region, presented the government work report to the fourth session of the 12th People's Congress of the Autonomous Region, proposing that the main expected targets for Tibet's economic and social development in 2026 are a gross domestic product (GDP) growth rate of more than 7%, fixed-asset investment growth of around 15%, total retail sales of consumer goods growth of approximately 7%, and per capita disposable income growth of about 7% and 8% for urban and rural residents, respectively. Previously, official data from the Tibet Autonomous Region revealed that the region's total GDP reached 303.189 billion yuan (Renminbi) in 2025, a year-on-year increase of 7% calculated at constant prices, marking the first time Tibet's GDP surpassed the 3 trillion yuan milestone. Karma Tseten stated that the completion of the main 2025 targets signifies the successful conclusion of the 14th Five-Year Plan period, which he described as the five years with the best development and the most significant changes for Tibet, featuring an average annual GDP growth of 6.3%, and with local fiscal revenue and expenditure both exceeding 30 billion yuan and 300 billion yuan, respectively. In 2026, Tibet will actively expand effective investment, striving to complete investments exceeding 244 billion yuan; it will solidly advance projects such as the Tibet-Guangdong high-voltage direct current power transmission line and the electrification upgrade of the Golmud-Lhasa section of the Qinghai-Tibet Railway. The region will also accelerate the promotion of railway construction for the Bomi to Ranwu section, and orderly implement quality improvement upgrades for National Highways 109, 219, 318, and 695, along with the construction of the Jiaka to Bangda Airport section of National Highway 214; the Dongga Reservoir project will commence construction. Karma Tseten noted that this year Tibet will steadily develop its distinctive agriculture and animal husbandry sectors, strictly adhere to the minimum farmland protection red line, and maintain the sown area of highland barley at over 2.3 million mu. Furthermore, the region will intensify efforts to implement actions for enhancing grain production capacity, building or upgrading 200,000 mu of high-standard farmland, establishing a number of specialized agricultural product production bases, and targeting stable output of grain, meat, eggs, milk, and vegetables, each remaining above one million tons.
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