government of the Tibet Autonomous Region welcomes foreign investment
in energy, transportation, construction, textiles and other light industry,
electromechanics, commerce, foodstuffs, aquaculture, processing, tourism
and in the development of agriculture, forestry and animal husbandry.
Foreign investors may establish wholly foreign-owned enterprises and joint
ventures or join in economic and technological cooperation. Medium- and
long-term investment projects and high-yield development projects are
particularly welcome. The regional government also encourages individual
entrepreneurs and private enterprises to start Sino-foreign joint ventures
and Sino-foreign cooperative enterprises and join in reciprocal border
trade and compensation trade where-in the foreign partner supplies materials
for processing, supplies a sample to be copied in processing, or supplies
parts for assembly. All approved foreign-invested enterprises enjoy State
and regional preferential policies (for details, see following section
on preferential policies for foreign investment).
To date, the government of the Tibet Autonomous Region has approved
115 foreign-invested enterprises, involving foreign investments totaling
USS 160.65 million. Business people and partners to discussions and agreements
came from the United States, Japan, Germany, Malaysia, Nepal, Macao, Hong
Kong and elsewhere.