China’s provincial gross domestic product figures will now be compiled centrally. Photo: EPA-EFEChina’s provincial gross domestic product figures will now be compiled centrally. Photo: EPA-EFE
China’s provincial gross domestic product figures will now be compiled centrally. Photo: EPA-EFE

China’s provinces lower growth targets after central government takes over task of compiling GDP figures

  • Revision follows move to address long-standing problem of combined provincial total exceeding national figure
  • So far two thirds of local growth targets have been cut amid a renewed focus on ‘high-quality’ growth

Topic |   China economy
China’s provincial gross domestic product figures will now be compiled centrally. Photo: EPA-EFEChina’s provincial gross domestic product figures will now be compiled centrally. Photo: EPA-EFE
China’s provincial gross domestic product figures will now be compiled centrally. Photo: EPA-EFE
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