China Social Science Review

No.2, 2024

A Study on Significant Changes in the Expenditure Accounting Method for China’s GDP

(Abstract)

Xu Xianchun

In response to China’s economic development post-reform and opening-up, and to meet the needs of economic analysis and management, the National Bureau of Statistics established the Gross Domestic Product (GDP) expenditure Accounting System in 1989. To adapt to the emerging circumstances of the socialist market economy, satisfy the evolving requirements of economic analysis and management, and reflect the new changes in international standards for national economic accounting, the GDP accounting methods have undergone continuous changes. These changes are based on the reform and gradual improvement of the national statistical survey system, the establishment and ongoing revision of related classification standards, and the enrichment of data sources. Systematic compilation and study of the significant changes in China’s GDP accounting methods can provide references for academic researchers and policy analysts.