China will put in place a unified gross domestic product (GDP) calculation system in 2019 that will see the National Bureau of Statistics (NBS) take over data collection responsibilities from local authorities.
Unified calculation will replace the current system, in which national GDP and regional data are calculated separately by the NBS and regional offices.
NBS deputy head Li Xiaochao said that the discrepancy between national and regional GDP data may hinder accurate understanding of the regional economy and harm the government's statistical credibility.
According to Li, the government is working to unify accounting systems at national and regional levels, which will narrow the gap between national and regional GDP data.
The NBS will work with regional authorities and statistics agencies to conduct research on methods of collecting and calculating regional GDP data, he said.
The government has promised zero tolerance for fabrication of economic data. Earlier this year, Northeast China's Liaoning province admitted that economic data had been falsified from 2011 to 2014.
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