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BEIJING—Cheering mountaineers raised the Olympic torch at the summit of the world’s highest peak Thursday, producing the triumphant image that China has longed for in the run-up to the Beijing Olympics.

The final ascent along Mount Everest’s icy ridge was broadcast live and provided organizers with a dramatic counterpoint to the pro-Tibet protests that marked parts of the torch’s international relay.

“One World, One Dream,” team captain Nyima Cering, a Tibetan, yelled in English as his torch was lit a few yards from the summit—the slogan for the Beijing Olympics in August.

The 19-member team, dressed in red parkas emblazoned with Olympic logos, broke camp at 27,390 feet before dawn and reached the top of the 29,035-foot mountain a little more than six hours later.