男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Economy

China takes a statistical advance

By CHEN JIA (China Daily) Updated: 2015-10-09 06:52

China takes a statistical advance

An employee welds the exterior of a vehicle along a production line at a factory in Qingdao, Shandong province Dec 1, 2014. [Photo/Agencies]

Subscription to IMF standard necessary for further economic reform and opening-up drive

China has adopted International Monetary Fund rules aimed at helping to improve the transparency, reliability and international comparability of the country's statistics.

The move, announced on Thursday, is being viewed by Beijing-based economists as a major advance.

This is because the IMF's standard-the Special Data Dissemination Standard-will result in the prompt availability of China's comprehensive statistics reports and also help the country to improve the quality of its macroeconomic policies.

With approval from the State Council, China's Cabinet, the nation's central bank chief Zhou Xiaochuan told IMF Managing Director Christine Lagarde of China's decision on Tuesday.

The National Bureau of Statistics, the People's Bank of China-the central bank-and other government departments are changing their statistical methods covering the real economy, the fiscal and financial situation, international business, and social demographics, according to a central bank statement.

This is to comply with the standard's requirement of higher quality, broader scale, higher frequency and more transparency of the data.

"The subscription to the SDDS is necessary for further economic reforms and opening-up, which will help to improve transparency, reliability and the international comparability of the statistics," the central bank said in the statement on its website.

Yi Gang, deputy governor of the People's Bank of China, said, "China and the IMF have been working together to improve China's statistics for many years, and subscribing to the SDDS is another milestone in this fruitful and important collaboration.

"We are committed to further strengthening our statistical system and enhancing transparency. This is not only crucial for our own policymaking, but also beneficial for a better understanding of the Chinese economy by the outside world," he said at the IMF-World Bank annual meetings in Lima, Peru, on Wednesday.

David Lipton, the first deputy managing director of the IMF, said: "The subscription to the SDDS underscores China's strong commitment to transparency as well as to the adoption of international best practices in statistics."

Before adopting the standard, China had participated in the IMF's General Data Dissemination System, or GDDS, since 2002. The country became the 65th economy to adopt the SDDS, which was established by the IMF in March 1996.

The Special Data Dissemination Standard identifies four dimensions for data dissemination-data coverage, regularity, and timeliness; access by the public; the integrity of the data; and data quality.

Although voluntary, a subscribing member commits to observing the standard and to providing information to the IMF about its data dissemination practices.

President Xi Jinping promised in November to switch to the SDDS when he attended the G20 Summit in Brisbane, Australia.

To comply with the new standard, China has released some data for the first time, including the official reserve assets, the full coverage of foreign debt and quarterly GDP.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 昔阳县| 宜昌市| 安龙县| 桑植县| 安多县| 万荣县| 辽宁省| 泉州市| 保山市| 迭部县| 永春县| 临漳县| 怀安县| 昌邑市| 巢湖市| 阳朔县| 湘乡市| 乐安县| 象山县| 朝阳市| 庄河市| 永寿县| 陆川县| 曲阜市| 建瓯市| 阿荣旗| 札达县| 建水县| 郧西县| 启东市| 山阳县| 潮安县| 平泉县| 衡阳市| 彰化市| 得荣县| 泗洪县| 盐亭县| 大丰市| 马山县| 贵德县|