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Home > News > Market Flash > The National Bureau of statistics will implement the reform

The National Bureau of statistics will implement the reform

ECHEMI 2020-03-05

Reporters learned from the National Bureau of statistics that China will officially implement the reform of unified accounting of regional GDP in early 2020, and unified accounting of regional GDP in 2019. The National Bureau of statistics will organize the statistics bureaus of all provinces, districts and cities to formulate the accounting methods of regional GDP, formulate and standardize the unified accounting workflow, conduct unified accounting and publish the accounting results. The implementation of the unified accounting reform of regional GDP can better play the role of statistical supervision and provide more solid data support for macro-economic decision-making. It is of great and far-reaching significance to objectively reflect the scale, structure and speed of the national and regional economy, correctly study and judge the macro-economic situation and the law of development and change, and promote the scientific formulation of macro-economic policies.

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