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CHINA,: Stats bureau to clean up local stats


On Thursday, National Bureau of Statistics (NBS) spokeswoman Liu Aihua confirmed that provincial governments will change the way they collect and report economic data.

Some context: Local governments often inflate their growth numbers to score political points. 

More context: (In)famously, the combined reporting of provincial GDP levels have far exceeded the NBS-calculated national total since 1985.

Even more context:

Efforts to instill integrity into government numbers began six years ago, with a crackdown on false data from local officials.Last month, the NBS revised the Statistics Law to ramp up punishment for false reporting (see October 10 Tip Sheet).

Get smart: Aligning national and provincial measuring methods will improve consistency, but still won’t alleviate the widespread skepticism about the accuracy of official Chinese stats. 

Get smarter: Better data makes for better policy – so Beijing should have a better basis for managing the economy.  
 

READ MORE
NBS: 国家统计局新闻发言人就2019年10月份国民经济运行情况答记者问
NBS: 国家统计局召开地区生产总值统一核算改革动员部署会议宁吉喆强调深入贯彻中央决策部署 扎实推进地区生产总值统一核算改革

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