A: The sectors in which foreign investment is particularly encouraged by the government
of Tibet Authonomous Region include energy, water conservancy and communications,
public utilities, construction, light industry, textiles, mechanical and electrical
equipment, foodstuffs, breeding and cultivation, processing, exploitation of agriculture,
forestry and animal husbandry, new-and hi-tech industries and new-emerging industries.
Foreign investors can set up foreign-funded enterprises, Sino-foreign joint ventures
or economic and technical cooperation. Mid-and long-term investment projects and
lucrative comprehensive exploitation projects are most welcomed in Tibet.
Tibet's pillar industries open to foreign investment are: tourism, exploitation
and utilization of tourism and natural resources; renovation and mass production
of traditional Tibetan medicines, research and development of new medicines, cultivation
and management of herbal plants; deep processing of forest products; development
and utilization of forest resources; mining and geological prospecting; extraction
and processing of mineral resources; processing of agricultural and livestock
products, production of Tibetan handicrafts; and development and production of
new building materials.
Self-employed workers and private enterprises are
also encouraged by the government of Tibet Autonomous Region to set up Sino-foreign
equity or contractual joint ventures, and to go into the processing business with
supplied materials or designs, assembling supplied parts, compensatory trade and
frontier trade. All enterprises with foreign investment approved by the government
enjoy the preferential policies offered by the state and the autonomous region. |
