[direct network Beijing July 6th news] (people's daily) 5, the National Bureau of statistics announcement, the national economic statistics to implement the reform of research and development expenditure accounting method, and accordingly revised since 1952 GDP data. After the reform, in 2015 the total amount of GDP increased by 879 billion 800 million yuan, an increase of 1.30%; GDP real growth rate increased by 0.04 percentage points.

"In accordance with international practice, we have the first quarter of 1992 to the first quarter of 2016 GDP data were revised. Revised results from the first quarter of this year, the total amount of GDP increased by about 1.3%; GDP growth rate of change is only about 0.04%. We will continue to use the new accounting method in the two quarter." Cheng Zilin, Secretary for the accounting department of the National Bureau of statistics.

In 2009, the United Nations, OECD, the world bank and other five major international organizations jointly issued a new national economic accounting standards - "National Accounts System 2008". Among them, the capital of R & D expenditure is one of the important amendments to the new international standards. New accounting method will be able to bring the essential attribute of economic interests of the expenditure on R & D by original as intermediate consumption and revised as fixed capital formation, reflecting the research results of fixed assets for the owner, namely in the production activities for a period of time in the future continue to be used, continued to play a role.

"New accounting method can better reflect the contribution of innovation to economic growth, so as to encourage R & D investment, promote innovation and development." Cheng Zilin said.

In addition, the reform is conducive to further integration with international standards. "As the world's second largest economy, China's national economic accounting data is widely concerned by the international community, the objective requires us to implement the new international standards as soon as possible, in order to improve the international comparability of accounting data." Cheng Zilin said.

The implementation of research and development expenditure accounting method reform, the total amount of GDP, speed, structure and other indicators have a certain impact.

One, after the implementation of the reform of research and development expenditure accounting methods, the corresponding increase in the total GDP. Data from the past ten years, the annual increase in the amount of GDP after the reform of the year showed an upward trend, the average annual increase of 1.06%.

Second, after the reform, due to the calendar year, the total amount of GDP has increased, so the impact on the GDP growth rate is small. Data from the past ten years, the average annual growth rate of GDP growth after reform 0.06 percentage points.

Third, after the reform, the industrial structure of our country has changed. Such as 2015, the proportion of three industries in China by the original 9.0: 40.5: 50.5, revised to 8.9: 40.9: 50.2, secondary industry increase value accounted for the proportion of GDP increased slightly, the first, the third industry accounted for slightly decreased.

Fourth, after the reform, the final use of structural change in GDP. Such as 2015, final consumption expenditure reduction of 76.6 billion yuan, capital formation, the total increase of 9564 billion yuan; while the final consumption expenditure, capital formation gross and net exports accounted for the proportion of GDP, respectively, 51.6%, 45.0% and 3.4%, respectively than before the reform changes 0.77 and 0.82 and 0.04 percentage points.

According to reports, China's GDP accounting system, that the provinces (autonomous regions and municipalities) of the GDP data by the provinces (autonomous regions and municipalities) bureau of statistics. The introduction of research and development expenditure accounting method reform, temporarily implemented at the national level. 3

(original title: accounting method reform of China's GDP increased by about eight hundred billion)

Editor: Xiao Shen

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