Download Developing Economic Census with Economic Growth

Developing Economic Census with Economic Growth
Shanghai • China
David Shi
Global Markets Dep.
Bank of China H.O.
Oct.15 2008
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the continuity and timeliness
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规模以上工业增加值

the continuity and timeliness of statistical data
should be improved。

industrial production at the beginning of the year。
1
Seasonal effect & Working day effect

Publish the seasonal adjusted data at the same
time of publishing the original data to standardize
the seasonal adjusted data.

such as CPI、GDP time series data.

US：X-12-ARIMA；Germany：BV4.1
2
More detailed data

as the financial system become more and more
complicated, the different types of macro-financial
data like money stock should be more detailed.

M0、M1、M2、M3？
3
Data revising

when the yearly data is revised ,the quarterly data
should be revised consistently.

In China, the GDP is revised yearly, but the original
quarterly data have not been revised yet, so it
takes much difficulties into analyzing the actual
quarterly data.
4
the method of the census

the method of the census should be more
transparent, so that the user of the data can
understand the meaning of the data clearly.

PMI to CPI、PPI
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Thank you
David Shi
Analyst for Macro-economy
Global Research Team
Global Markets Dep.
Bank of China H.O.
Tel： 8610-66591559
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