Transcript 13th NBS-OECD Workshop on National Accounts Haikou, 30 Nov.

NBS
The Progress of NBS
Data Dissemination to OECD
13th NBS-OECD Workshop on National Accounts
Haikou, 30 Nov. – 4 Dec. 2009
XU Yating
Department of National Accounts of NBS
Background
It has experienced 4 years…
• In November 2005, NBS and OECD initiated the
discussion on China’s joining in the OECD data
dissemination program.
• In October 2006, NBS sent a professional person to
visit OECD to study the feasibility of China’s
participation in the program.
• In September 2007, a presentation about data
dissemination was made on the 11th NBS-OECD
workshop held in Beijing.
Background
• In September 2008, expert from OECD visit NBS
and made an agreement on the issues of data
dissemination on the first stage.
• In October 2008, issues on data dissemination
were discussed again on the 12th NBS-OECD
workshop held in Paris.
• In May 2009, Department of National Accounts of
NBS officially started to fill in OECD
Questionnaire.
Current situation and Progress
on Data Dissemination
Started
from
Frequency
Content
Factbook
Oct. 2007
Annually
Including 11 indicators: GDP, GDP per
capita, value-added by industry, fixed
capital information, etc.
MEI
2002
Monthly
Including GDP and its growth rate of China.
Table 0101：
Gross value added at basic prices and
gross domestic product at market prices
Table 0102：
OECD
May 2009
Questionnaire
Annually
GDP from the expenditure side
Table 0107：
Disposable income, saving, net
lending/borrowing
Table 0110：
Population and employment
Quarterly
Table 0101
OECD Questionnaire
Principle in filling in the Questionnaire:
• Provide existing data
As for the differences in classification, evaluation and
accounting method, instead of any further adjustment,
we provide explanations by footnotes.
• Advancing the program step by step
We will provide data that is published in Year Book of
China.
OECD Questionnaire
——Annual National Accounts
NO.
0101A
Year
20042006
Price
Indicator
Existing Issues
Value-added at production side：
Difference in
Current& Agriculture, Industry, Construction, Retail &
Classification；
Constant Wholesale, Finance, Real estate and
Difference Price
Business service, Other Service; FISIM.
19782006
GDP at expenditure side,
Household Finale Consumption
Expenditure, Government Finale
Current
Consumption Expenditure, Gross Fixed
Capital Formation,
Goods and Service Import and Export
0107A
20042005
GDP, Primary Income from/to aboard, GNI,
Current Transfer from/to Aboard,
Fixed Capital
Net Disposable National Income,
Consumption is
Current
Finale Consumption Expenditure,
included in Operating
Capital Transfer from/to Aboard,
surplus
Net lending/borrowing
0110A
19702006
0102A
Total population
Difference in
Classification；
Data at constant price
is still on the test stage.
OECD Questionnaire
——Quarterly National Accounts
At present, NBS could only provide quarterly data of GDP at
production side.
NO.
Name
Year
Price
Indicator
Existing Issues
Value-added by
Without Season
industry：Agriculture,
Gross ValueAdjustment；
Industry, Wholesale &
added at basic 1992Q1Accumulated data；
0101NV
Current Retail, Finance, Real
price and GDP 2008Q4
Price；
estate, business
at market price
Industry Classification；
service and Other
Without FISIM allocation.
Services.
Growth rate of
1992Q10101NQ Value-added
Constant The same as above
2008Q4
and GDP
The same as above
Looking Forward
• Take the data provision as a regular work of NBS in
the future.
• Provide the published data in time.
• Data of 2008 will be provided after the Second
Economic Census data is published.
• Further enhance the communication and cooperation
on data sharing between NBS and OECD.
Thank you for your attention!