Experts talk about China's GDP world second: the statistical method is distorted

Source: Internet
Author: User
China's GDP growth is one step a year.  (Xinhua) News Since Japan's first half and two quarterly gross domestic product figures, China's total GDP surpassed Japan as the world's second-largest economy has once again become the focus of debate.  Japan's second-quarter gross domestic product was $1.288 trillion trillion, with China's GDP at $1.337 trillion a year, according to figures released August 16 by the Cabinet Office.  As early as August 2, the deputy governor of the Chinese central Bank, the State administration of foreign exchange, said in an interview that China is in fact the world's second largest economy, which is the first time Chinese officials have pointed out that China's economy has become "the world's second." In the view of many Western media, China's GDP "world second" is one of the symbolic symbols of global economic power transfer. How to view the Western media's positioning of China's "GDP dick"?  This round table, we invited two experts to analyze and interpret one by one. This reporter Mao Yusi core tips Since the introduction of GDP indicators, originally focused on the "residents" (GNP statistics emphasized that domestic residents, whether domestic production or foreign production, are the GNP of the country), began to be stressed "national boundaries" (GDP emphasis on the territory of a country, whether domestic production or foreign production,  All have to be counted in the country's GDP), which brings about a "serious distortion" in the wealth statistics of a country. --Jiang (Director, Economic Security Research Center, Institute of Modern International Relations, China) a series of problems in the area of people's livelihood has made us low-key. In the western impression, China is famous for its health, education, environment, housing and other livelihood issues.  In a series of data on people's livelihood, the Chinese government has come to realize that the issue of people's livelihood is extremely disproportionate to the world rankings of gross domestic product. --Ranthiu (political and administrative College of South China Normal University) GDP "love and hate" represents scale and development speed. Director of the Center for Economic Security Research, China Institute of Modern International Relations, Jiang, said: As for the so-called "world second" of China's GDP, it can be subdivided into "the second of GDP" and "second to GDP".  Two kinds of voices reflect the complex mentality of Chinese people on the "Love and hate" of GDP indicators. Jiang that China has been using GDP for many years as a measure of local political performance and even the development of an important indicator, this is a "international convergence" of important indicators, can do with the global horizontal comparison, it has a certain appeal. Jiang points out that, although China's GDP has jumped for years, although it does not mean that China has entered the "economic power", but at least reflects the size of China's economy is "big", representing the pace of development, which is the root of many officials "pretty GDP".  At the same time, GDP statistics are increasingly showing drawbacks, because GDP can not reflect productivity, national quality, national creation, so "pretty GDP faction" also caused more and more controversy. Dr. Ranthiu of the postdoctoral mobile station at the political and administrative College of South China Normal University, there are two kinds of voices, "positive faction" and "prudent school", to the so-called "second GDP" of China. "Prudent faction" that we have to go beyond the simple digital GDP, and constantly reflect the shortcomings of China's development and existing problems.  From the perspective of "positive faction", China's gross domestic product is second, indicating that China is increasingly gaining international recognition as the "growth engine" of the New World economy. Behind-the-scenes GDP and GNP different statistical methods exist distortion Jiang that since the 90 's "Washington Consensus", China has been dragged into the economic globalization, the original use of gross domestic product (GNP) to measure the economic indicators, gradually replaced by GDP, the GDP statistics method highlighted the "strong benchmark",  Highly praised by the West. Since the introduction of GDP indicators, originally focused on the "residents" (GNP statistics emphasized that domestic residents, whether domestic production or foreign production, are the GNP of the country), began to be stressed that "national boundaries" of GDP (GDP emphasis on the territory of a country, whether domestic production or foreign production,  Should be counted in the country's GDP, and it would also bring about a "serious distortion" in the wealth statistics of a country.  Jiang For example, China's large foreign capital inflows of hot money are counted in GDP.  In addition, China's investment in the "enclave economy" (all kinds of development zones), but also only a nominal wealth, in fact, are the wealth of foreigners, also counted to their own name.  Therefore, China's gross domestic product statistics may not reflect China's economic welfare and quality of life.  According to Dr Ranthiu, China still has to do well in maintaining economic growth from the perspective of national development.  For a transition country such as China, it is particularly important to maintain economic stability, sustained and qualitative growth, which is the cornerstone of the country's solution to all other problems.  Learn to be wary of U.S. continued repression forcing China to take more responsibility Jiang from the historical experience, the "world second" title is too heavy, must always be vigilant encounter "boost".  From the internal factors, GDP leaped into the world's second countries, began generally do not have a "mature mentality", the rapid economic growth after the identity, international responsibility and other aspects of the understanding are not yet mature. From an external perspective, history has learned enough. Historically, the world's eldest brother always have to unite third, spare no effort to suppress the second, the penis after being suppressed generally appear "atrophy" trend. The battle between Britain and Spain, Britain and France before the first war, it's always about the penis. After the First World War, the United States ' crackdown on Britain was not completed until after the Second World War, when the Bretton Woods system was built, and the dollar replaced the pound sterling. After the war, the "Dick" outside the capitalist system--the former Soviet Union was dragged down by America  The American crackdown on Japan's economy since the 1980s is also well known. Jiang pointed out that China's latest challenge is the Western "Chinese responsibility theory." The West is giving China the burden of being too much, too heavy and too much for the west.It's not fair.  He cited, for example, environmental problems in Africa, which were "scars" from old Western colonialism, and now frequently blamed on China; For example, carbon emissions, the West has asked developing countries such as China to take on too much responsibility, ignoring the West's previous "crimes" and fragmenting historical continuity.  China is still a developing country with a more rational view of GDP, China's Foreign Ministry, Ministry of Commerce, and other sectors, emphasizing that China is still a developing country with a large number of poor people. On the official statement, Dr Ranthiu made the following three points: first, this is the need for China's diplomatic strategy. Over the years, China has had several "versions" of its development position.  From "China rise" to "peaceful rise", and then to "peaceful development" of similar expressions, all of China's great power diplomacy is increasingly rational.  Earlier, China's rise of the "Chinese threat" has not been eliminated, if the gross domestic product, the high profile, will make "China threat" unabated. Second, China has a heavy knowledge of GDP per capita, which is the key to GDP per capita.  For a large population, the concept of per capita is deeper than that of other countries. China's GDP per capita (about 3800 U.S. dollars), after the global ranking hundred.  This grim reality suggests that, even if gross domestic product is second, it does not mean that GDP per capita is second, and it cannot conceal the poverty of 1/9 of China's population. Third, there are a series of problems in the area of people's livelihood that make us low-key.  In the western impression, China is famous for its health, education, environment, housing and other livelihood issues. In a series of data on people's livelihood, the Chinese government has come to realize that the issue of people's livelihood is extremely disproportionate to the world rankings of gross domestic product.

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