China’s economic data again under the microscope, local authorities warned over falsifying statistics. China's National Bureau of Statistics has issued warnings to local authorities against fabricating economic data, highlighting instances of data falsification in Guizhou and Shaanxi provinces. These efforts are part of Beijing's broader initiative to enhance data accuracy for more effective economic decision-making. The bureau's inspections across several provinces, including a nationwide economic census, aim to ensure data authenticity, especially in the post-Covid economic landscape. However, issues persist, with reports of local officials in Henan province inflating economic figures for personal advancement and to meet growth targets, exacerbating the local government debt crisis.
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Asia Daily: December 2, 2023
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China’s economic data again under the microscope, local authorities warned over falsifying statistics. China's National Bureau of Statistics has issued warnings to local authorities against fabricating economic data, highlighting instances of data falsification in Guizhou and Shaanxi provinces. These efforts are part of Beijing's broader initiative to enhance data accuracy for more effective economic decision-making. The bureau's inspections across several provinces, including a nationwide economic census, aim to ensure data authenticity, especially in the post-Covid economic landscape. However, issues persist, with reports of local officials in Henan province inflating economic figures for personal advancement and to meet growth targets, exacerbating the local government debt crisis.