From China National News: China’s National Bureau of Statistics (NBS) has said that over the past five years the country’s industrial economy has been developing steadily and is now midway in terms of achieving its...
Ma Jun reports for Chinadialogue that “in today’s China, introducing green GDP calculations may be the cheapest of the practical options to achieve that end. ” With China’s National Bureau of Statistics (NBS) indicating there is no way green GDP data can be made public, and the report from the main green GDP study group […]
From Asia Times Online: China’s recent report of a 12% average annual boost in employee wages from 2002 to 2006 has sparked fierce Internet debate and commentary, with many netizens questioning the accuracy of the figures. According to the Chinese media, both the total income and average wage for employees recorded double-digit growth between 2002 […]
Zhou Jiangong, an analyst on China’s economic, political and foreign affairs, reported that China’s weak consumption causes the unbalanced development. From Asia Times Online: Investments, consumption and exports are the troika pulling along China’s economy. But for a long time, growth in domestic consumption has lagged far behind the other two, so much so that […]
From Danwei: Sohu.com reports on a new study finding that urban residents in China enjoy 4.4 trillion renminbi in “gray” income. “Gray income” includes any income that is (a) illegal, (b) “the rational merit of which is called into question by generally accepted societal moral concepts,” and (c) other income the source of which is […]
From Bloomberg: China’s economy is unlikely to slow “sharply” in 2007 because rising consumer spending and industrial production will underpin growth, said Yao JingyuanÔºàÂßöÊôØÊ∫êÔºâ, chief economist of the National Bureau of Statistics(ÂõΩÂÆ∂ÁªüËư±ÄÔºâ. “The government’s policy to boost consumption will show better results next year,” Yao said in an interview at a business forum in Beijing […]
From Reuters: Chinese statisticians have a national duty not to produce fake figures, the country’s top number-cruncher said in remarks published on Monday. Xie Fuzhan, head of the National Bureau of Statistics, said statisticians should not bend their principles to please local officials or their bosses, the China Youth Daily reported. “Statisticians should be loyal […]
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