China will formally implement the reform of unified accounting of regional gross domestic product at the beginning of next year

| gov.cn

Xinhua News Agency, Beijing, 13 Nov (Reporter Chen Weiwei) the reporter learned from the National Bureau of Statistics on the 13th that China will formally implement the reform of unified accounting of regional gross domestic product (GDP) at the beginning of 2020 and unify the accounting of regional GDP in all regions in 2019.

It is understood that since the establishment of the accounting system in 1985, China's gross domestic product (GDP) and regional gross domestic product (GDP) have adopted a hierarchical accounting system, that is, the National Bureau of Statistics (NBS) accounts for GDP, and provincial, autonomous region and municipal statistical offices account for GDP. After the implementation of the reform of unified accounting of regional gross domestic product, the National Bureau of Statistics will lead the unified accounting of regional gross domestic product and organize the statistical offices of provinces, autonomous regions and municipalities to formulate regional gross domestic product accounting methods and formulate and standardize the unified accounting work flow. Unified accounting shall be carried out and the accounting results shall be issued uniformly.

Ning Jizhe, deputy director of the National Development and Reform Commission and director of the National Bureau of Statistics, said that implementing the reform of unified accounting of regional gross domestic product is a major task of statistical reform deployed by the CPC Central Committee and the State Council. In accordance with the requirements, the National Bureau of Statistics has carried out in-depth investigation and research, conscientiously designed the scheme, and actively carried out pilot calculations.

Ning Jizhe also said that the implementation of the reform of unified accounting of regional gross domestic product is an inevitable requirement to improve the quality of statistical data and the credibility of government statistics. It is the inherent need to give better play to the function of statistical supervision and provide more solid data support for macro decision-making, to objectively reflect the economic scale, structure, and speed of the country and various regions, and to correctly study and judge the macroeconomic situation and the laws of development and changes. It is of great and far-reaching significance to promote the scientific formulation of macroeconomic policies.

China will formally implement the reform of unified accounting of regional gross domestic product at the beginning of next year

| gov.cn

Xinhua News Agency, Beijing, 13 Nov (Reporter Chen Weiwei) the reporter learned from the National Bureau of Statistics on the 13th that China will formally implement the reform of unified accounting of regional gross domestic product (GDP) at the beginning of 2020 and unify the accounting of regional GDP in all regions in 2019.

It is understood that since the establishment of the accounting system in 1985, China's gross domestic product (GDP) and regional gross domestic product (GDP) have adopted a hierarchical accounting system, that is, the National Bureau of Statistics (NBS) accounts for GDP, and provincial, autonomous region and municipal statistical offices account for GDP. After the implementation of the reform of unified accounting of regional gross domestic product, the National Bureau of Statistics will lead the unified accounting of regional gross domestic product and organize the statistical offices of provinces, autonomous regions and municipalities to formulate regional gross domestic product accounting methods and formulate and standardize the unified accounting work flow. Unified accounting shall be carried out and the accounting results shall be issued uniformly.

Ning Jizhe, deputy director of the National Development and Reform Commission and director of the National Bureau of Statistics, said that implementing the reform of unified accounting of regional gross domestic product is a major task of statistical reform deployed by the CPC Central Committee and the State Council. In accordance with the requirements, the National Bureau of Statistics has carried out in-depth investigation and research, conscientiously designed the scheme, and actively carried out pilot calculations.

Ning Jizhe also said that the implementation of the reform of unified accounting of regional gross domestic product is an inevitable requirement to improve the quality of statistical data and the credibility of government statistics. It is the inherent need to give better play to the function of statistical supervision and provide more solid data support for macro decision-making, to objectively reflect the economic scale, structure, and speed of the country and various regions, and to correctly study and judge the macroeconomic situation and the laws of development and changes. It is of great and far-reaching significance to promote the scientific formulation of macroeconomic policies.








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