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Economic Statistics in China1 2 National Statistical Website: http://www.stats.gov.cn/ World Bank Economic Grouping: Upper-middle income Population (millions, 2014): 1,394 GDP per capita (2005 PPP, 2012): 7,805 2 Coordination ▪ Agencies involved in economic statistics: Advocacy ▪ Publication policies in place and available to users/staff ▪ Contact points publicized for each statistical subject area ▪ User consultations are organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is considered sufficient and there are activities in place to improve upon it ○ National Bureau of Statistics of China ○ General Administration of Customs of China ○ Ministry of Commerce of China ○ State Administration of Foreign Exchange ○ People’s Bank of China ○ Ministry of Finance of China ○ Ministry of Labour and Social Security of China ○ Ministry of Land and Resources of China ○ State Forestry Administration ▪ Statistical Development and Reform Plan is being implemented ▪ Statistical law protects confidentiality and independence of statistical information ▪ Centralized statistical system ○ Responsibilities are clearly defined for agencies involved in the production of the Core Set ○ Plans are currently being implemented to improve coordination of production of economic statistics International Collaboration ▪ Interested in participating in RPES as both a provider and a recipient of technical assistance ▪ Partnered with Statistics Canada, Germany, ISTAT, the Netherlands, FAO, IMF, Japan, Spain, the World Bank, UNFPA, and UNICEF ▪ Participant in International Comparison Programme for calculating purchasing power parities since 1993 Statistical Infrastructure Key Collections/Compilations National Accounts Frequency Timeliness Quarterly 15 days Balance of Payments Monthly No Response Labour Force Survey Monthly 1 month Household Income/Expenditure Survey Quarterly 20 days Enterprise/Establishment Survey Monthly 15 days Population Census Every 10 years 6 months Economic Census Every 5 years 7 months Agricultural Census Every 10 years 12 months Standards/Classifications - SNA 1993 (2008 planned) - ISIC Rev. 4 - COICOP × Quality assessment framework is not available but implementation is planned Centralized national metadata repository is available and statistical releases are accompanied with metadata Centralized business register is currently used for multiple statistical products IT systems are considered adequate for producing the Core Set of Economic Statistics 1 This national summary was prepared by ESCAP Statistics Division in November, 2013. Results of the Capacity Screening questionnaire were received in November, 2013 from 50 of the 58 member countries who were contacted. Further information on RPES and the Core Set is available here: http://www.unescap.org/official-documents/committee-on-statistics/session/2 2 ESCAP Statistical Yearbook for Asia and the Pacific 2014: http://www.unescap.org/resources/statistical-yearbook-asia-and-pacific-2014 Technical Skills Human resources are considered adequate for producing the Core Set Documentation of internal processes and staff manuals are available Reported frequencies for indicators in the Core Set compared to RPES recommendations Table Legend ● Below Recommendations Meet or Exceed Recommendations Price and Costs Demand and Output Income and Wealth × Unavailable or No Response Core Indicator Reported Freq. RPES recommendations Consumer price index (CPI) Monthly Quarterly Producer price index (PPI) Monthly Quarterly Commodity price index Unavailable Monthly × External merchandise trade price indices Monthly Monthly Wages / Earnings data Quarterly Quarterly Labour costs index / Wage index Annually Quarterly ● GDP (production) nominal and real Quarterly Quarterly GDP (expenditure) nominal and real Annually Quarterly ● External trade – merchandise Monthly Monthly External trade – services Quarterly Quarterly Short-term indicator (STI) - industry output Monthly Quarterly STI – services output Quarterly Quarterly STI – consumer demand Quarterly Quarterly STI – fixed investment Monthly Quarterly STI – inventories Quarterly Quarterly Economy structure statistics Every 5 years Every 5 years Productivity Unavailable Annually × Integrated national accounts Annually Annually Institutional sector accounts Annually Annually Balance of payments (BOP) Quarterly Quarterly International investment position (IIP) Annually Annually External debt Quarterly Quarterly Income distribution Quarterly Every 5 years Assets / liabilities of depository corporations Monthly Monthly Broad money and credit aggregates Monthly Monthly Interest rate statistics Daily Monthly General government operations Quarterly Quarterly General government debt Monthly Quarterly Money and Banking Government Labour supply and demand Monthly Annually Labour Market Hours worked Unavailable Quarterly × Natural Resources and Environment Natural resources Annually Annually Summary of Responses to all 31 Indicators in the Core Set (comparison of two columns in the table above) Meet or Exceed Recommendations Below Recommendations 26 Unavailable or No Response 2 3
