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different times and comparative price levels of a country's consumer price index (CPI) is different from purchasing power parity is more of a period of two or more of the country's overall price level, that is, two or more buy the same currency in different countries, the quantity and quality of goods and services prices ratio. For example, buy the same quantity and quality of a basket of goods in China, 80 yuan spent in the United States spent $ 20, then for the basket of goods, the purchasing power parity of RMB against the U.S. dollar is 4:1,mbt review, that is, that, in these goods, 4 yuan's purchasing power equivalent to 1 USD. Liu Yuanchun said that PPP can be used as purchasing power parity exchange rates is understandable, but this theory and the real exchange rate may have a big gap.
What is


GDP at purchasing power parity is more accurate?
only one reference standard quality of life
Experts believe that compared to single out the GDP purchasing power parity data, significance. For example, look at the overall economic strength, including economic structure, growth,vibram five fingers sales 公安部：参观扣留所收容所, development stage, such as per capita GDP, China is still a large gap between developed countries.
reporter learned yesterday from the National Bureau of Statistics, the State Council, China's full participation in the new year will be the first round of the World Bank's International Comparison Program (ICP) activity, making China GDP by purchasing power parity conversion, with other countries comparison. International Comparison Project inter-ministerial coordination group has been established by the State Statistics Bureau, Ministry of Finance and National Development and Reform Commission and other 10 departments involved.
National Bureau of Statistics said Ma Jian Tong, to participate fully in international statistical activities in favor of ICP is more objective assessment of China's economic size and international status, but also help enhance the statistical capacity-building in China.
participate in international comparisons project mean?
does not affect a country's GDP, estimated

obvious, according to market exchange rates and purchasing power parity exchange rates from the GDP result is different. Dr. Fu Lichun Chinese Academy of Social Investments said that although there are differences between the two, which means it does not mean more accurate or more realistic, itself is not affected, GDP, or the statistical methods according to the original calculation, calculation came out, when comparing different method will be adopted.

management professor at Renmin University of China Zheng Chao-yu said that the national economy, China is the World Bank and International Monetary Fund, a major shareholder of the country, economic situation much international attention. As major economies in recent years, fluctuations in currency exchange rates frequently, so the overall strength of the comparison countries,onitsuka asics tiger, with the distortion of exchange rates GDP more and more problems exist, need to calculate the other a more reasonable GDP. Zheng Chao-yu that some people with ulterior motives to use some of the data will render the (Xinhua Ma Wenting)
Fuli Chun also said that, in fact, purchasing power parity theory on the same commodity in different countries under the premise of the same value, obviously,asics womens running, this is only a theoretical assumption.



ICP is a global statistical cooperation project, the main purpose is to measure the purchasing power parity of currencies (Purchasing Power Parity, referred to as PPP), in order to use PPP as the conversion factor of the national gross domestic product ( GDP) converted to use the common currency units, thus the actual comparison and evaluation of national economic scale and structure.

conducive to an objective assessment of our economic scale

2011 ICP year round activities in the new global survey base year. From January 2011, the global about 180 countries and regions will also be carried out ICP survey, the whole event is expected by the end of 2013. 2011 began a new round of ICP project has three main objectives, one of which is to improve the statistical capacity of developing countries, especially the ability of national accounts and price statistics, to improve the comparability of macroeconomic data.
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measured GDP, another One is calculated at market exchange rates, and the other is based on purchasing power parity method, also called the Law of the International Comparison Program (ICP) calculated.


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any reference to the significance of measuring the standard of living?

Other experts believe that per capita GDP also has its limitations, it only shows that a country's overall economic output value, and not directly as a measure of living standards of ordinary people. Other indicators such as quality and level of public services and so difficult to measure, and per capita GDP does not indicate whether the equal division of property. So, even with per capita PPP GDP data have been used with caution, because it is the quality of life one of the many reference standards.
Liu Yuanchun told reporters from different agencies and experts predict that China's GDP purchasing power parity is a difference, which is used to measure the purchasing power parity exchange rates on the basket of goods, 2 dollars to spend can buy a McDonald's hamburger in China,backless wedding dresses, 10 yuan is required, then the dollar's purchasing power parity exchange rate of RMB is 1:5. However, in the United States to spend $ 50 for a haircut,vibram kso trek, while in China an average of only 20 yuan,中国海军两舰停靠巴基斯坦 参加多国联合军演, then the purchasing power parity exchange rates became 5:2. Purchasing power parity exchange rate will be the weighted average of these figures,asics gel-cumulus11 广西连续重拳打击“黄赌毒黑”（图）, but the average would be selected after comparing the results of the contents of a huge impact.
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