China to improve evaluation system to cut GDP obsession
Updated: 2013-11-20 19:05
(Xinhua)
|
||||||||
BEIJING - China will improve its evaluation system for measuring economic performance, putting greater emphasis on growth quality to cut local obsession with GDP data, according to the head of the country's top economic planner.
China will increase the weight of factors such as resource consumption, environmental cost, work safety and local debt in assessing local economic growth, and put more emphasis on employment, resident income, social security and people's health, Xu Shaoshi, head of the National Development and Reform Commission, said during an interview Tuesday.
"This is intended to guide local authorities to shift more attention to economic restructuring," he said, adding that the new mechanism will take regional differences into consideration.
In past decades, the promotion of Chinese officials largely hinged on economic performance, which prompted local governments to boost growth by investing in capital- and energy-intensive industries despite environmental costs.
As China tries to bring the economy onto a more sustainable track, the central authorities have been at pains to fix obsessions with GDP figures.
Earlier this year, Chinese President Xi Jinping said China will not assess the performance of officials simply based on their records of boosting the economy, and promised to adopt more comprehensive criteria.
Reforms may alter local govt operations: Fitch
- Obama, Clintons honor Kennedy's assassination
- China urges nations on climate funding
- Vice-Premier praises win-win ties
- Hopes rise for accord in nuclear negotiation
- Rescue team lands in Manila
- SCO meeting to focus on battling terrorism
- Obama opens JFK tribute with freedom medals
- Syria's chemical weapons may be destroyed at sea
Most Viewed
Editor's Picks
The way of kindness |
Intl attention on reform agenda for China |
A second opportunity |
Luxury giants tap into mainland market |
Aiming for 100,000 |
Tourism opens the road to riches |
Today's Top News
China confirms visit by US envoy for DPRK
Butterfly Lovers tour concludes in New York
The supercomputer race has no finish line in sight
Chinese professionals 'lured by local enterprises'
Search firms to meet senior-manager shortage
Obama, Clintons honor Kennedy's assassination
China urges nations on climate funding
China appreciates Gary Locke's tenure
US Weekly
Geared to go |
The place to be |