In 2007, the profits made by the industrial enterprises above the designated size were 561 million yuan, an increase of 42 percent over the previous year. Of this total, the profits of the state-owned enterprises and state-holding enterprises surged by 66.5 percent to 272 million yuan; profits of the collective enterprises went down by 1.8 percent to 25 million yuan; and that of the share-holding enterprises soared by 47.8 percent to 250 million yuan. The sales rate of the industrial enterprises above the designated size in the region stood at 93.6 percent.
In 2007, the cement output of the industrial enterprises above the designated size totaled 1.6 million tons, a drop of 0.5 percent; the total power generation increased by 14.7 percent to 1.52 billion kilowatts, the total output of chrome ores stood at 128,600 tons, an increase of 20.5 percent; that of beer numbered 83,500 tons, a growth of 31.9 percent; that of Chinese traditional medicine (Tibetan medicine) totaled 1,039 tons, an increase of 5.2 percent; that of tap water added up to 9,100 tons, a growth of 17.5 percent; and that of bottled drinking water stood at 11,900 tons, 2.6 times that of 2006.
In 2007, the added value of construction enterprises in Tibet was 7.09 billion yuan, posting a year-on-year growth rate of 15.4 percent.
IV. Investment in Fixed Assets
The completed investment in fixed assets in 2007 was 27.12 billion yuan, an increase of 16.7 percent over the previous year. Of this total, investment from the private sector soared by 36.5 percent to 9.08 billion yuan.
Analyzed by ownership, the completed investment in fixed assets of the state-owned economy was 16.99 billion yuan, up by 7.7 percent; that of the collective economy went down by 16.8 percent to 456 million yuan; that of other ownership economies rose 72.1 percent to 5.99 billion yuan; and individual investment went up by 7.3 percent to 3.67 billion yuan. Of the total investment, that in urban areas was 23.16 billion yuan, a growth of 14.8 percent over one year earlier; and that in rural areas was 3.95 billion yuan, up by 29.6 percent. Of the investment in rural areas, that of farm households was 3.49 billion yuan, an increase of 35.9 percent; and that of rural collectives dropped by 57.5 percent to 57 million yuan. Analyzed by different industries, investment in the primary industry was 1.4 billion yuan, a growth of 4.8 percent; that in the secondary industry surged by 47.6 percent to 3.92 billion yuan; and that in the tertiary industry gained 15.4 percent to 21.8 billion yuan.
In 2007, the investment in real estate development was 1.17 billion yuan, up by 31.2 percent. The floor space of buildings under construction totaled 1.15 million square meters, increasing by 6.4 percent over the previous year. The completed floor space of buildings was 412,700 square meters, and the total sales of commercial buildings reached 607,800 square meters, up by 6.4 percent.
Analyzed by source of funds, the total capital in place amounted to 34.72 billion yuan, rising by 41.8 percent as compared with one year earlier. Of this total, the state budgetary appropriation numbered 20.46 billion yuan, an increase of 87.6 percent; domestic loans dropped by 2.1 percent to 462 million yuan; self-raised fund soared by 25 percent to 8.41 billion yuan; and other investments went down by 13.6 percent to 5.14 billion yuan.
V. Domestic Trade
In 2007, the total retail sales of consumer goods reached 11.2 billion yuan, an increase of 24.9 percent over the previous year. An analysis on different areas showed that the retail sales of consumer goods in cities increased by 30.1 percent to 5.64 billion yuan; the retail sales of consumer goods at and below county level was 5.57 billion yuan, up by 20 percent. Analyzed by different sectors, the sales of the wholesales and retail trade reached 8.86 billion yuan, a growth of 23.7 percent; the sales of the lodging and catering industry was 1.88 billion yuan, up by 27.6 percent; and the sales of the other industries was 464 million yuan, up by 37.7 percent. Of major consumer goods, the retail sales of clothing and textiles went up by 18 percent, petroleum products up by 30.4 percent, automobiles up by 21.5 percent, gold, silver and jewelry up by 14.2 percent, and food, drinks, alcohol and tobacco up by 68 percent.
VI. Foreign Trade
The total value of imports and exports reached $393 million in 2007, an increase of 19.8 percent in comparison with that of 2006. Of this total, the value of exports soared by 46.8 percent to $326 million, and the value of imports dropped by 36.8 percent to $67 million.
In 2007, the total value of exports to Asia reached $292.89 million, up by 38.5 percent; that to Europe jumped by 64 percent to $10.43 million; that to North America jumped by 515.2 percent to $16.98 million, and that to Oceania fell by 37.2 percent to $270,000.
Small-scale border trade realized a total value of imports and exports worth $248.92 million, up by 41.3 percent, accounting for 63.3 percent of the total trade value. Of this total, exports increased by 43.3 percent to $245.85 million; and imports fell by 33.3 percent to $3.07 million.
The year 2007 witnessed the establishment of 19 foreign direct investment (FDI) projects. Contracted FDI reached $41.72 million and paid-in FDI reached $24.18 million.
VII. Transportation, Post, Telecommunications, and Tourism
In 2007, the total freight traffic volume reached 3.85 million tons, recording a year-on-year growth rate of 6.7 percent. Of this total, the total freight traffic volume of highways rose by 4.1 percent to 3.6 million tons; that of railways totaled 124,100 tons; that of air transportation grew by 10.2
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