China won’t issue statistical index assessing “Green GDP” in near future – Xinhua

Via the China Environmental News Digest blog:

China will not issue the statistical index assessing the “Green GDP” in the near future, a Chinese government official said.

As most of the items used to assess green GDP are untradable, it is difficult for those indices to be formulated, the China Securities Journal quoted a senior official with the National Bureau of Statistics (NBS) as saying.

…The NBS is designing the index in a way that takes into account people’s satisfaction with their life, the environment and society, in contrast to a more traditional index that only evaluates economic development. [Full Text]

For background on China’s Green GDP story, see a CDT post from 2004 on China’s announcement that it would experiment with the new index.

See also Richard McGregor’s article in the Financial Times last month regarding China’s previous announcement that it would abandon the measure completely.

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