Xizang autonomous region's economic performance during the first quarter of 2025 has been remarkable, as highlighted during a press conference on April 23.

Xizang's gross domestic product reached 71.72 billion yuan ($9.83 billion) in the first quarter, reflecting a 7.9 percent year-on-year increase, exceeding the national average by 2.5 percentage points.

The growth rate of industrial added value from enterprises above a designated size was 11.4 percentage points higher than the national level, while the growth rate of fixed asset investments surged 23.5 percentage points. The growth rates of retail sales and private investment also showed exceptional growth, exceeding the national average by 6.5 and 46 percentage points, respectively.

Notably, the region's fixed asset investments continued their rapid growth, leading the nation for 13 consecutive months. With 392 key construction projects with planned investments exceeding 1 billion yuan each currently underway, these initiatives contributed significantly to investment growth.

Efforts to boost consumer spending, such as the "Happy Tibet, Enjoy Life" campaign, yielded impressive results. Tourism flourished, welcoming 4.72 million visitors from home and abroad — an 11.7 percent increase — generating 4.27 billion yuan in revenue.

Thanks to driven retail sales following a trade-in policy, strong growth was also seen in communication devices, household appliances, and audio-visual equipment.