Nagqu (Nakchu) is a prefecture-level city in the north of the Chinese Autonomous region of Tibet. On May 7, 2018, the former Nagqu Prefecture has officially declared the sixth prefecture-level city in Tibet. Naqu rich in water resources, with 81% of Tibet’s lakes, covering a total area of over 30,000 square kilometers (12,000 sq mi), it contains lakes such as Namtso, Siling Lake and rivers such as Dangqu. Nagqu hosts the Kyagqen Horse Race, a major event locally attracting tens of thousands of herdsmen to participate in horseracing and archery contests. The festival attracts affluent tourists every year during that time.