China Implements Revised Added Value Accounting System for Accurate GDP Reporting
Wednesday, 15 May 2024, 02:00
China Adjusts Added Value Accounting for Improved Statistical Accuracy
The added value of the financial sector is now calculated using a new set of metrics to boost accuracy and reduce data manipulation. This change is designed to make GDP figures more resistant to local-level interference.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.