China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics ...

As part of the ongoing exercise to update the GDP base year, the government will use several more datasets on the expenditure side to improve the sources of data and enable more accurate estimation of ...

Note: The quarter-on-quarter growth rate refers to the seasonally adjusted growth rate over the previous quarter. Refer to NBS database (http://data.stats.gov.cn) for ...

GDP is the total market value of final goods and services produced within a country's borders during a specified period. Final goods are those purchased by the end user, meaning that GDP excludes ...

1. What is Gross Domestic Product? Gross Domestic Product, which is commonly known as GDP, is the value of final goods and services produced in the domestic economy in an accounting period. In order ...

The government final consumption expenditure (GFCE) too was revised higher from 2.5% to 8.1%. (PTI) The National Statistical Office (NSO) will likely use GST Network (GSTN) data to compute the gross ...

Note: The quarter-on-quarter growth rate refers to the seasonally adjusted growth rate over the previous quarter. Refer to NBS database (http://data.stats.gov.cn) for ...