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China to unify regional economic data calculation from early 2020 to further boost acceptance of figures

Summary:
[unable to retrieve full-text content]China will unify the way it calculates regional economic output from early 2020, amid scepticism about the reliability of Chinese data and suggestions it will modify economic data to reach a key Communist Party goal.According to National Bureau of Statistics spokesman Liu Aihua, China will start by calculating 2019’s regional gross domestic product (GDP) in a unified way in 2020, without elaborating on details.In the past, the NBS calculated national GDP, while the respective provinces computed…

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[unable to retrieve full-text content]
China will unify the way it calculates regional economic output from early 2020, amid scepticism about the reliability of Chinese data and suggestions it will modify economic data to reach a key Communist Party goal.According to National Bureau of Statistics spokesman Liu Aihua, China will start by calculating 2019’s regional gross domestic product (GDP) in a unified way in 2020, without elaborating on details.In the past, the NBS calculated national GDP, while the respective provinces computed…

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