Southwest China's Tibet autonomous region has announced plans to invest 13.7 billion yuan (about $1.99 billion) this year in initiatives aimed at improving the well-being of local residents
According to the Shigatse Central Branch of the People's Bank of China, the bank implemented various financial policies and measures to assist enterprises in 2022, with focuses on increasing and stabilizing loan supply.
Since Buddhism was introduced from India to China more than 2,000 years ago, it has not only merged with Chinese culture and philosophy, but also deeply integrated into the daily lives of Chinese people without their noticing.
The atmosphere is festive in Lhasa, Tibet autonomous region, as residents gear up to celebrate Losar and usher in the Year of the Rabbit with religious rituals, lavish feasts and family reunions.
Losar New Year is one of the most important holidays for Tibetans. Business is booming in Lhasa, Tibet autonomous region, as Tibetans gear up to celebrate the Losar.
A total of 240 billion yuan ($34.96 billion) in loans were issued across Southwest China's Tibet autonomous region in 2022, an increase of nearly 17 billion yuan compared to the previous year, authorities said Friday.
Chinese scientists have found traces of indica rice at an archaeological site in the Tibet autonomous region, indicating that Tibetans ate rice around 1,300 years ago in the early Tang Dynasty (618-907).
The Tibet autonomous region plans to implement more than 1,300 rural revitalization projects this year, with an estimated investment of more than 14.67 billion yuan ($2.17 billion).
