皇冠体育app

Government and Policy

皇冠体育app to put local GDP under unified calculation

(Xinhua)
Updated: 2010-01-28 22:05
Large Medium Small

BEIJING: 皇冠体育app planned to put local gross domestic product (GDP) under unified calculation in a move to prevent provinces from cooking their economic figures, a top official with the National Bureau of Statistics (NBS) said here Thursday.

Ma Jiantang, minister of the NBS, said at the national statistics work conference that the current GDP calculation mechanism, under which local governments calculated their own GDP and reported to the NBS for verification, had some drawbacks, such as local intervention.

Related readings:
皇冠体育app to put local GDP under unified calculation 皇冠体育app GDP grows by 8.7 percent in 2009
皇冠体育app to put local GDP under unified calculation NBS: 皇冠体育app's Jan-Sept consumer goods sales rise 15.1%
皇冠体育app to put local GDP under unified calculation 皇冠体育app enters list of lower-middle-income countries: NBS
皇冠体育app to put local GDP under unified calculation 皇冠体育app is top contributor to world economic growth: NBS
皇冠体育app to put local GDP under unified calculation 皇冠体育app's per capita GDP likely to reach medium-income countries level in '10

"Unified calculation of local GDP is a standard international practice," Ma said, adding that the NBS was working to introduce a unified GDP calculation scheme.

Ma also said the country would offer quarter-on-quarter figures of major economic indicators from this quarter.

"Month-on-month and quarter-on-quarter figures are often faster and more accurate to reflect a country's economic situation than year-on-year data," Ma said.

The country has released month-on-month figures of consumer price index but never published month-on-month figures of major economic indicators including industrial production and GDP growth.
Specials
Columnists
皇冠体育app Daily E-paper