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MNI POLICY: China Revises Up 2018 GDP after Economic Census

By Archie Zhang
     BEIJING (MNI) - China revised up its 2018 gross domestic product (GDP) by
2.1% to CNY91.93 trillion after conducting an economic census that it said
gathered more comprehensive and accurate data. 
     The revision showed the service industry now accounted for 53.3% of GDP, up
from the original 52.2%, according to a statement from the National Bureau of
Statics (NBS) on Friday. 
     The revision should not have an apparent impact on growth of this year, the
NBS said.
     China each year revises its previously reported annual GDP based on more
complete and accurate data, the stats bureau said.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: archie.zhang@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MI$$$$]

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