掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


China adjusts method of calculating GDP, including R&D expenditure

  • Friday, July 8, 2016
  • Source:ferro-alloys.com

  • Keywords:China's GDP calculating Method
[Fellow]China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics said on Tuesday.

China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics said on Tuesday.

Research and development expenditure, which can bring continuous economic benefits to enterprises and was formerly excluded from GDP calculation, will now be taken into account.

The change comes as China adopts the general methodology used by major developed countries for compiling measures of economic activity, the NBS said on its website.

China's R&D spending has been growing rapidly in recent years, soaring from 0.57 percent of GDP in 1996 to 2.08 percent in 2014. The new method "better reflects the contribution of innovation to (China's) economic growth", the NBS said.

After the adjustment, China's total scale of GDP each year since 1952 has been expanded, but the effect on its annual growth is slight by 0.06 percent on average in the past 10 years, according to the NBS.

China's GDP growth last year remains at 6.9 percent despite being revised upward by 0.04 of a percentage point. Growth in the first quarter of this year has also been raised by 0.04 of a percentage point, although its total scale is expanded by 1.3 percent.

"Such a change in methodology should not be over-interpreted," said Gao Yuwei, a researcher with the Institute of International Finance, a think tank of the Bank of China. China used to be a planned economy and now is moving toward a more modern way of statistical calculation, an adjustment that is normal and has only a minimal effect on real growth figures, Gao said.

After the UN adjusted its accounting method, the System of National Accounts, in 2009, some developed countries, including the United States, Canada and Australia, and some developing countries changed their way of calculating GDP. As the world's second-largest economy, China has followed suit to make its numbers more comparable, the NBS said.

The move is part of the country's agenda to improve its statistical calculation and is not being undertaken to beautify the current economic growth figures, the bureau said.

  • [Editor:penny]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 江门市| 内丘县| 密云县| 怀柔区| 垦利县| 连江县| 边坝县| 阿勒泰市| 社旗县| 衡东县| 岚皋县| 乐都县| 垣曲县| 肥东县| 读书| 介休市| 行唐县| 乾安县| 公主岭市| 乐清市| 北票市| 大港区| 镇原县| 镇康县| 武鸣县| 深圳市| 丽水市| 高阳县| 安顺市| 沈丘县| 满洲里市| 基隆市| 定安县| 吴桥县| 临泽县| 四会市| 嫩江县| 米脂县| 江源县| 湘潭县| 泗阳县|