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ICP is a universal statistical cooperation project, the main intention is to fathom the purchasing power parity of currencies (Purchasing Power Parity, referred to for PPP), in order to use PPP as the transition element of the national gross servant production ( GDP) converted to use the general currency units, thus the tangible comparison and appraisal of citizen economic scale and building.
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participate in international comparisons project average?

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whichever reference to the significance of measuring the standard of living?
reporter learned yesterday from the National Bureau of Statistics, the State Council, China's full participation in the new year will be the premier round of the World Bank's International Comparison Program (ICP) movement, making China GDP by purchasing power parity conversion, with other countries comparison. International Comparison Project inter-ministerial coordination team has been established by the State Statistics Bureau, Ministry of Finance and National Development and Reform Commission and other 10 ministries contained.
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,tory burch reva 强台风“鲇鱼”逼近 福建转移海上人, yet also help improve the statistical capacity-building in China.




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Other specialists believe that per capita GDP also has its limitations,christian louboutin outlet, it only shows that a country's overall economic output value, and not directly as a measure of living standards of ordinary human. Other indicators such as quality and level of public services and so complicated to measure, and per capita GDP does no signify whether the equal division of attribute. So, even with per capita PPP GDP data have been accustom with remind, because it is the quality of life 1 of the numerous reference standards.
Liu Yuanchun told reporters from different agencies and experts prophesy that China's GDP purchasing power parity is a distinction, 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, 10 yuan is required, then the dollar's purchasing power parity exchange rate of RMB is 1:5. However,tory burch boots on sale, in the United States to spend $ 50 for a haircut, meantime in China an mean of only 20 yuan, then the purchasing power parity exchange rates became 5:2. Purchasing power parity exchange rate will be the weighted mean of these figures, but the mean would be selected behind comparing the results of the contents of a big impact.




Experts deem that likened to single out the GDP purchasing power parity data, significance. For sample, see by the overall economic strength, including economic structure, growth,tory Than the omen water class of Yangtze River, development stage, such as per capita GDP, China is still a colossal breach among developed countries.





management instructor at Renmin University of China Zheng Chao-yu said that the citizen economic, China is the World Bank and International Monetary Fund, a important shareholder of the nation, economic situation much worldwide consideration. As major economies in recent annuals, fluctuations in currency exchange rates frequently, so the overall strength of the comparison countries, with the distortion of interchange rates GDP speed up problems exist, absence to count the other a more rational GDP. Zheng Chao-yu that some people with ulterior motives to use some of the data ambition render the (Xinhua Ma Wenting)


2011 ICP year round activities in the new global survey pedestal year. From January 2011, the global almost 180 countries and regions will also be carried out ICP examine, the entire event is expected along the end of 2013. 2011 began a fashionable round of ICP project has three main objectives,christian louboutins on sale, one of which is to cultivate the statistical capacity of developing countries, especially the aptitude of national accounts and price statistics, to improve the comparability of macroeconomic data.
different times and comparative cost levels of a country's client price index (CPI) is different from buying power parity is more of a time of 2 alternatively more of the country's overall amount level, that is, 2 or more purchase the same currency in different countries, the quantity and quality of goods and services prices percentage. For example, buy the same quantity and quality of a basket of goods in China, 80 yuan spent in the United States spent $ 20,christian louboutin pink, then for the basket of goods, the buying power parity of RMB against the U.S. USD is 4:1, that is, that, in these goods, 4 yuan's buying power equivalent to 1 USD. Liu Yuanchun said that PPP tin be used as purchasing power parity exchange rates is understandable, but this theory and the real exchange rate may have a huge gap.
Fuli Chun also said namely, in fact, purchasing power parity theory above the same commodity in another countries under the prelude of the same merit, apparently, this is merely a empirical speculation.

What is

does not affect a country's GDP, estimated
profitable to one objective assessment of our economic scale
measured GDP, variant One is calculated at mall exchange rates, and the other is based on purchasing power parity usage, also called the Law of the International Comparison Program (ICP) calculated.


only one reference standard quality of life
manifest, according to market exchange rates and purchasing power parity exchange rates from the GDP outcome is different. Dr. Fu Lichun Chinese Academy of Social Investments said that notwithstanding there are differences between the two,faux christian louboutin shoes, which method it does not mean more accurate or more realistic, itself is not affected, GDP, or the statistical methods according to the native measurement, measurement came out, while comparing different method will be adopted.
GDP at purchasing power parity is more precise?