www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
World / US and Canada

China's GDP data consistent with overall strength in the economy: US experts

(Xinhua) Updated: 2016-03-10 05:50

WASHINGTON -- US experts said China's official gross domestic product (GDP) data is consistent with the overall strength in the world's second largest economy and remains a useful and reliable indicator of the country's economic growth.

In a research analysis published last week, Jun Nie, a senior economist with the Federal Reserve Bank of Kansas City, said he constructed an alternative measure of China's real GDP growth, which aligned well with China's official GDP figures released by the National Bureau of Statistics (NBS).

"My research mainly examines one important aspect of the data, consistence. To me, this is also where much of skepticism of Chinese GDP data lies," Nie told Xinhua in a recent interview.

"In particular, one popular skepticism among market participants on China's GDP growth number is that the headline number appears inconsistent with some sectoral measures," he said, referring to the example cited by skeptics that China's electricity usage has grown much slower than before while official GDP growth has slowed only gradually.

"Focusing on just one area may not be able to capture the overall strength of the Chinese economy," Nie argued. "The economic structure in China is experiencing some changes -- some traditional sectors may have slowed, but some new areas may be growing relatively faster than before."

Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics and a leading expert on China's economy, echoed Nie's views, saying that the pessimistic narratives about China's economy "focus excessively on China's industrial sector", where growth has been moderating for six years.

"Little noticed is the fact that services have become the major driver of China's economic growth and now account for over half of the GDP," Lardy said Tuesday in a research analysis of reality check on China.

He added that the ultra-bearish view on China's economy is not consistent with the strong growth of wages, household disposable income, airline and rail passenger traffic, and other indicators of strong service sector growth.

Therefore, it's important to provide a comprehensive view by taking into consideration measures covering different sectors, Nie said.

The alternative model built by Nie to measure China's GDP growth uses a series of data that capture the strength of key sectors of the Chinese economy, including indicators on manufacturing activity, consumer spending, the real estate sector, and the service sector.

Despite some possible changes in different sectors, "My analysis shows the Chinese GDP growth figure is consistent with the overall strength in the economy as captured by a wide range of indicators from both the official source and the market source," Nie said.

Previous Page 1 2 3 Next Page

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
主站蜘蛛池模板: 国产精品高清视亚洲一区二区 | 美国三级网 | 国产欧美成人免费观看 | 黄色三区 | 日本天堂视频在线观看 | www.成年人| 天天舔夜夜操 | 精品国产成人三级在线观看 | 亚洲国产片在线观看 | 免费a级黄毛片 | 日韩一级片在线免费观看 | 久久精品一区二区三区日韩 | 91成人影院| 久青草网站 | 国产成人综合亚洲欧美在 | 国产精品成人久久久久 | 久久久久久综合一区中文字幕 | 亚洲视频手机在线观看 | 在线播放精品一区二区啪视频 | 免费v片视频在线观看视频 免费v片在线观看 | 精品欧美一区二区三区精品久久 | 国产日韩亚洲欧美 | 国产三级在线观看a | 久艹精品 | 2022国内精品免费福利视频 | 伊人短视频 | 亚洲国产一区二区在线 | 久久国产成人 | 91精品久久一区二区三区 | 黄色三级毛片网站 | 九九精品久久久久久噜噜 | 午夜精品久久久久久99热7777 | 欧美精品午夜毛片免费看 | 久久精品国产免费高清 | 97在线视频免费观看 | 国产三级日本三级日产三 | 欧美一级毛片免费看高清 | 国产综合久久一区二区三区 | 久久久久99精品成人片三人毛片 | 国产在视频线在精品 | 亚州一级片 |