久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
Business / special coverages

GDP: Everything you always wanted to know

Updated: 2014-07-15 14:32 (chinadaily.com.cn)
Comments

Editor's note: Sometime we come across terms that are either hard to understand or difficult to relate with our everyday life. In an effort to help our readers, we are launching a new series today where we try to explain the meaning and relevance of some of the most important economic indicators. If there is any term that leaves you baffled, please share with us in the comment section and we will try to tackle it.

2014 GDP growth target: about 7.5%

GDP: Everything you always wanted to know

At the Second Session of the 12th National People's Congress in Beijing on March 5, 2014, Premier Li Keqiang announced that the government has set gross domestic product (GDP) target at 7.5 percent for the year.

Given that the global economy is facing headwinds and the Chinese economy is itself slowing down, he has provided a leeway to the government by adding that the 7.5 percent figure is not set in stone and that there is a possibility that the country may post a higher or lower number in 2014.

Although the 7.5 percent target is pretty impressive, especially when compared to the poor GDP figures the advanced countries are seeing, it is still short of the growth China was witnessing just a couple of years ago.


China's GDP growth since 1978

GDP: Everything you always wanted to know

So what is GDP and why is it so important?

GDP: Everything you always wanted to know

It is one of the major indicators that reveal the health of the economy. It represents the total value of all goods and services produced over the year. Since it defines production and growth of the whole economy, it has a huge impact on everyone living in the country. For instance, when the GDP is good, wages are high, unemployment is low and trade activity booms. It is also crucially important for the government as it uses the data to announce policy or decide how much it can afford to spend on public services, such as hospitals, schools and housing.

Economic figures aren't as abstract as you might think. Every penny you earn or spend, every product you manufacture, and every financial decision you make all contribute to data calculation and government policies that in turn have direct influence on your economic activities and then the whole economy at large.

GDP growth is an intrinsic driver of national employment. Recent statistics show that just 1 percent increase in GDP can translate into 1.3 to 1.5 million new jobs in China, owing to the booming service sector in the country. The 1 percent increase in GDP was adding 1 million new jobs just a few years ago. That means a GDP growth of 7.2 percent is needed for 10 million new jobs with a registered urban unemployment rate at about 4 percent.


How is it calculated?

Simon Kuznets was the first economist to create the first true GDP estimate, which he delivered to the United States’ Congress in 1934. Since then, government statistical offices all around the world have been producing GDP estimates.

Three methods are used to arrive at these estimates. First is to add up all the money spent in the year. Second is to add up all the money earned in the year. And third is to add up all the value added in the year. Some countries, such as the United Kingdom, combine all three methods into a single GDP number, whereas the United States uses only the spending figure to estimate the GDP.

China, meanwhile, calculates gross domestic product after taking into account three factors: production, income and expenditure.

Mirror of true growth?

GDP: Everything you always wanted to know

GDP number is important, but not as much as many people think. In many countries, including China, that figure can be easily inflated for various reasons to the tune that national GDP doesn't equal the totaled number of all provinces. Premier Li once said that he measures economic performance through rail freight, power consumption and loans - indicators that actually have nothing to do with the GDP figure but mirror true economic activities.

GDP cannot gauge such aspects as the quality of economic growth, public services, people's well-being, total national wealth, environment, etc. Therefore, a high GDP growth rate doesn't necessarily mean a strong economy or a high quality of life.

So, whatever you spend, produce or sell is taken into consideration while calculating the national GDP that in turn reveals whether the country's economic health is improving or going down and that helps the government decide policies and allocate resources. That's the role of the GDP.

Photo
8.03K
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    国产成人在线观看免费网站| 色综合视频一区二区三区高清| 精品精品欲导航| 国产一区二区三区日韩| 国产欧美日韩一区二区三区在线观看 | 亚洲一区二区欧美日韩| 在线播放中文一区| 激情综合网av| 国产日韩欧美亚洲| 色又黄又爽网站www久久| 性久久久久久久| 久久久亚洲高清| 97精品超碰一区二区三区| 亚洲国产一区二区视频| 欧美大片在线观看| a亚洲天堂av| 亚洲成人精品一区| 久久人人爽人人爽| 色综合天天综合网天天狠天天| 欧美日韩国产三级| 久久精品国产网站| 中文字幕一区二区视频| 欧美久久久久久蜜桃| 国产酒店精品激情| 亚洲主播在线播放| 亚洲精品在线电影| 色视频欧美一区二区三区| 蜜臀久久久久久久| 一区免费观看视频| 日韩一区二区影院| 99视频热这里只有精品免费| 亚洲va欧美va人人爽| 久久久久99精品国产片| 欧美日韩一区二区三区四区| 国产激情精品久久久第一区二区| 亚洲综合激情另类小说区| 久久久久久**毛片大全| 欧洲精品在线观看| 国产乱码字幕精品高清av| 一区二区三区四区中文字幕| 精品区一区二区| 91久久免费观看| 国产激情精品久久久第一区二区| 天堂精品中文字幕在线| 中文在线一区二区| 欧美一级午夜免费电影| 91老师国产黑色丝袜在线| 国产综合成人久久大片91| 一区二区成人在线视频| 国产亚洲综合av| 欧美福利视频一区| caoporen国产精品视频| 精品午夜久久福利影院| 亚洲成人自拍网| 国产精品国模大尺度视频| 日韩久久久久久| 欧美日韩精品电影| 99精品一区二区三区| 国产自产高清不卡| 日韩高清国产一区在线| 亚洲欧美日韩国产手机在线| 久久久久久免费网| 欧美一区二区在线免费播放| 色噜噜夜夜夜综合网| 国产 欧美在线| 精品无码三级在线观看视频| 日韩精品久久理论片| 一个色在线综合| 中文字幕一区av| 中文字幕免费不卡在线| 精品国产一区二区亚洲人成毛片| 欧美日韩激情一区二区三区| 色欲综合视频天天天| 波多野结衣一区二区三区 | 欧美一区二区视频在线观看| 日本乱码高清不卡字幕| av电影天堂一区二区在线观看| 国产一区二区不卡老阿姨| 蜜臀99久久精品久久久久久软件| 午夜不卡av免费| 一区二区三区四区精品在线视频| 中文字幕在线不卡一区| 中文字幕乱码一区二区免费| 久久久久久久久97黄色工厂| 欧美岛国在线观看| 日韩欧美成人一区二区| 日韩午夜av电影| 91精品午夜视频| 欧美男男青年gay1069videost | 久久99久久久久久久久久久| 日韩精品亚洲一区二区三区免费| 亚洲影院理伦片| 一二三四区精品视频| 亚洲另类色综合网站| 亚洲色图都市小说| 亚洲色图欧洲色图婷婷| 国产精品不卡视频| 一区精品在线播放| 综合久久久久综合| 亚洲视频一区在线观看| 自拍偷自拍亚洲精品播放| 亚洲欧美中日韩| 专区另类欧美日韩| 亚洲色图在线播放| 亚洲精品国产无天堂网2021| 亚洲黄色免费电影| 亚洲国产裸拍裸体视频在线观看乱了| 一区二区三区.www| 天天操天天干天天综合网| 午夜精品久久久久久| 丝袜美腿亚洲色图| 日韩黄色一级片| 日本亚洲电影天堂| 久草这里只有精品视频| 国产精品综合网| 成人亚洲一区二区一| 成人国产精品免费观看| 91网站在线播放| 在线观看日韩电影| 在线不卡一区二区| 欧美成人猛片aaaaaaa| 久久亚洲精品国产精品紫薇| 国产日韩欧美高清| 日韩伦理av电影| 亚洲一区二区3| 男女性色大片免费观看一区二区| 久久不见久久见免费视频1| 国产精品综合一区二区| www.激情成人| 欧美亚洲另类激情小说| 日韩欧美自拍偷拍| 国产欧美精品区一区二区三区| 亚洲欧美怡红院| 亚洲18色成人| 黄一区二区三区| 成人精品视频.| 欧美在线你懂的| 日韩欧美国产成人一区二区| 国产日韩精品一区二区浪潮av| 亚洲欧美日韩在线播放| 日韩电影在线观看网站| 国产黄色91视频| 色哟哟国产精品| 欧美顶级少妇做爰| 久久久精品tv| 亚洲精品中文字幕在线观看| 日本人妖一区二区| 国产主播一区二区三区| 色哟哟欧美精品| 精品日本一线二线三线不卡| 中文字幕亚洲视频| 日韩和欧美一区二区| 国产91精品一区二区麻豆亚洲| 日本乱码高清不卡字幕| 日韩精品一区二区三区视频| 中文字幕一区二区三区不卡在线| 日本欧美久久久久免费播放网| 国产成人免费9x9x人网站视频| 欧美影视一区在线| 久久夜色精品一区| 一区二区三区日韩欧美| 精品亚洲国内自在自线福利| 在线观看亚洲精品| 久久久91精品国产一区二区三区| 一区二区欧美视频| 国产不卡免费视频| 欧美高清视频一二三区 | 国产精品乱码一区二区三区软件 | 色偷偷88欧美精品久久久| 日韩一区二区三区视频在线观看 | 亚洲一区二区三区四区不卡 | 国产美女一区二区三区| 在线精品观看国产| 国产日韩欧美制服另类| 爽好多水快深点欧美视频| 成人高清视频在线| 日韩欧美一级精品久久| 亚洲一区二区在线观看视频 | 美女一区二区三区| 欧美一区二区三区喷汁尤物| 亚洲国产成人午夜在线一区| 天天影视涩香欲综合网| 成人免费观看av| 精品久久久久久久久久久久包黑料| 亚洲欧美国产毛片在线| 激情丁香综合五月| 欧美一区二区私人影院日本| 亚洲精品一二三| 成人免费视频网站在线观看| 日韩免费在线观看| 亚洲成人自拍网| 91国模大尺度私拍在线视频| 国产欧美日韩三级| 九九在线精品视频| 欧美精品在线观看播放| 亚洲另类中文字| 成人免费观看av| 国产欧美日韩激情| 国产美女在线观看一区| 日韩一区二区三区免费观看|