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
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 Table 0101 Quarterly 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 Annually May 2009 OECD Questionnaire Including GDP and its growth rate of China. Monthly MEI Including 11 indicators: GDP, GDP per capita, value-added by industry, fixed capital information, etc. AnnuallyOct Factbook ContentFrequency Started from 2002
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.YearPriceIndicatorExisting Issues 0101A 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 0102A 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. 0107A 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 0110A Total population
OECD Questionnaire ——Quarterly National Accounts NO.NameYearPriceIndicatorExisting Issues 0101NV Gross Value- added at basic price and GDP at market price 1992Q Q4 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. 0101NQ Growth rate of Value-added and GDP 1992Q Q4 ConstantThe same as above At present, NBS could only provide quarterly data of GDP at production side.
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
Thank you for your attention!