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NBS The Progress of NBS Data Dissemination to OECD XU Yating Department of National Accounts of NBS 13th NBS-OECD Workshop on National Accounts Haikou, 30 Nov. – 4 Dec. 2009

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Page 1: NBS The Progress of NBS Data Dissemination to OECD XU Yating Department of National Accounts of NBS 13th NBS-OECD Workshop on National Accounts Haikou,

NBS

The Progress of NBS Data Dissemination to OECD

XU YatingDepartment of National Accounts of NBS

13th NBS-OECD Workshop on National AccountsHaikou, 30 Nov. – 4 Dec. 2009

Page 2: NBS The Progress of NBS Data Dissemination to OECD XU Yating Department of National Accounts of NBS 13th NBS-OECD Workshop on National Accounts Haikou,

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

Page 3: NBS The Progress of NBS Data Dissemination to OECD XU Yating Department of National Accounts of NBS 13th NBS-OECD Workshop on National Accounts Haikou,

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.

Page 4: NBS The Progress of NBS Data Dissemination to OECD XU Yating Department of National Accounts of NBS 13th NBS-OECD Workshop on National Accounts Haikou,

Current situation and Progress on Data Dissemination

Table 0101Quarterly

Table 0101:Gross value added at basic prices and gross domestic product at market prices Table 0102:GDP from the expenditure side Table 0107:Disposable income, saving, net lending/borrowing Table 0110:Population and employment

AnnuallyMay 2009

OECD Questionnaire

Including GDP and its growth rate of China.MonthlyMEI

Including 11 indicators: GDP, GDP per capita, value-added by industry, fixed capital information, etc.

AnnuallyOct. 2007Factbook

ContentFrequencyStarted

from

2002

Page 5: NBS The Progress of NBS Data Dissemination to OECD XU Yating Department of National Accounts of NBS 13th NBS-OECD Workshop on National Accounts Haikou,

OECD Questionnaire

Principle in filling in the Questionnaire:

• Provide existing dataAs for the differences in classification, evaluation and accounting method, instead of any further adjustment, we provide explanations by footnotes.

• Advancing the program step by stepWe will provide data that is published in Year Book of China.

Page 6: NBS The Progress of NBS Data Dissemination to OECD XU Yating Department of National Accounts of NBS 13th NBS-OECD Workshop on National Accounts Haikou,

OECD Questionnaire ——Annual National Accounts

NO. Year Price Indicator Existing Issues

0101A2004-2006

Current&Constant

Value-added at production side :Agriculture, Industry, Construction, Retail & Wholesale, Finance, Real estate and Business service, Other Service; FISIM.

Difference in Classification;Difference Price

0102A1978-2006

Current

GDP at expenditure side, Household Finale Consumption Expenditure, Government Finale Consumption Expenditure, Gross Fixed Capital Formation, Goods and Service Import and Export

Difference in Classification;Data at constant price is still on the test stage.

0107A2004-2005

Current

GDP, Primary Income from/to aboard, GNI, Current Transfer from/to Aboard, Net Disposable National Income,Finale Consumption Expenditure, Capital Transfer from/to Aboard, Net lending/borrowing

Fixed Capital Consumption is included in Operating surplus

0110A1970-2006

Total population

Page 7: NBS The Progress of NBS Data Dissemination to OECD XU Yating Department of National Accounts of NBS 13th NBS-OECD Workshop on National Accounts Haikou,

OECD Questionnaire ——Quarterly National Accounts

NO. Name Year Price Indicator Existing Issues

0101NV

Gross Value-added at basic price and GDP at market price

1992Q1-2008Q4

Current

Value-added by industry :Agriculture, Industry, Wholesale & Retail, Finance, Real estate, business service and Other Services.

Without Season Adjustment;Accumulated data;Price;Industry Classification;Without FISIM allocation.

0101NQGrowth rate of Value-added and GDP

1992Q1-2008Q4

Constant The same as above The same as above

At present, NBS could only provide quarterly data of GDP at production side.

Page 8: NBS The Progress of NBS Data Dissemination to OECD XU Yating Department of National Accounts of NBS 13th NBS-OECD Workshop on National Accounts Haikou,

• 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.

Looking Forward

Page 9: NBS The Progress of NBS Data Dissemination to OECD XU Yating Department of National Accounts of NBS 13th NBS-OECD Workshop on National Accounts Haikou,

Thank you for your attention!