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 revises GDP calculation method

(Xinhua) Updated: 2016-07-05 15:39

China revises GDP calculation method

A Chinese worker processes steel at a factory in Qingdao city, East China's Shandong province, July 1, 2016. [Photo/IC]

BEIJING -- China's National Bureau of Statistics (NBS) has adopted a new method of calculating GDP that it says "better reflects the contribution of innovation to economic growth."

Research and development (R&D) expenditures that can economically benefit companies will no longer be calculated as intermediate consumption, but as fixed capital formation, the NBS said in a statement.

The adjustment was made according to the 2008 SNA (System of National Accounts), which was unveiled by five international organizations, including the United Nations, in 2009 to provide a "comprehensive, consistent and flexible set of macroeconomic accounts."

The NBS will use the method for future GDP calculations, and has also recalculated all figures dating back to 1952.

GDP for the previous six decades all rose due to the reform. In the past decade, the average annual increase in GDP volume due to the adjustment was 1.06 percent.

Recorded GDP growth rates in the past 10 years rose by an annual average of 0.06 percentage point. The growth rate for 2015 remained at 6.9 percent, revised upward by 0.04 percentage point.

The reform can "better reflect the contribution of innovation to economic growth," the statement said.

In recent years, China has promoted science, technology and creative development, with rapid growth in R&D expenditures and an increasingly important role for R&D to economic growth.

However, the old calculation method failed to reflect the importance of R&D, as intermediate consumption only measures value of goods and services that are transformed or entirely used up in the course of production.

In reality, R&D expenditures that yield economic benefit should not be considered "completely used up in the accounting period," and thus should be recorded as fixed capital formation, according to the 2008 SNA.

At present, most member countries of the Organization for Economic Cooperation and Development (OECD) and some developing countries use the 2008 SNA framework to calculate R&D expenditures.

For the world's second largest economy, reforming the GDP calculation method according to the same framework will bring China's GDP figures more in line with those of other countries, the NBS said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 河源市| 石家庄市| 沅陵县| 上高县| 平陆县| 平湖市| 勐海县| 调兵山市| 虞城县| 鄂尔多斯市| 教育| 响水县| 绥芬河市| 巢湖市| 琼结县| 无锡市| 安福县| 晋宁县| 固阳县| 镇江市| 白水县| 方山县| 喀什市| 仪陇县| 胶州市| 和硕县| 和静县| 策勒县| 运城市| 灯塔市| 罗田县| 太康县| 虹口区| 奉化市| 华阴市| 东乌珠穆沁旗| 阳新县| 扶余县| 龙海市| 礼泉县| 天祝|