China Ministry of Commerce pledges support for Tibetan economy

2010-03-11 14:10:41 GMT2010-03-11 22:10:41 (Beijing Time) Xinhua English

BEIJING, March 11 (Xinhua) -- China's Ministry of Commerce (MOC) said Thursday it had signed an agreement with the Tibetan Autonomous Regional Government on Wednesday on boosting the region's economy.

The MOC would increase support for Tibet in expanding its foreign trade and domestic commerce, said the Ministry in a statement on its website.

The agreement signing ceremony was attended by Chen Deming, Minister of Commerce, and Zhang Qingli, the Region's party chief.

The statement said the MOC would help Tibet tap the Region's great tourism potential, strengthen its economic and trade cooperation with South Asian countries, and accelerate the building and opening-up process of its border trading zone.

Tibet had maintained an average economic growth rate of 12.3 percent in the past eight years thanks to support from the central government and other provinces, said Qiangba Puncog, chairman of the Standing Committee of Tibet Autonomous Regional People's Congress, last week.

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