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China Revised Down Its 2018 GDP Numbers to Show Growth in 2019

Recently Beijing “uniformly” arranged its work to review and revise its 2018 economic data fully, so that the GDP number in 2019 could still show growth.

On January 22, the Tianjin Statistics Department published Tianjin’s GDP in 2019 as 1.41 trillion yuan (US $200 billion). It also had a small footnote: “According to the National Statistics Bureau’s uniform arrangement, Tianjin’s GDP in 2018 is revised to 1.34 trillion yuan.” That was a dramatic cut of 29 percent from the previously claimed number of 1.88 trillion yuan. This revision gave Tianjin 5.5 percent GDP growth in 2019. (Editor’s note: However, the sharp drop in the 2018 number would mean Tianjin’s GDP growth from 2017 would be quite negative, unless the authorities revised down the 2017 number, and then as a chain reaction, revised down the 2016 number. … Anyhow, this showed that China’s GDP number and its impressive high growth could just be a mirage that the communist regime created.)

The Jilin Provincial Statistics Department reported a GDP of 1.17 trillion yuan in 2019. It cut its 2018 GDP number down by 25 percent to 1.13 trillion yuan, so that it could show a 4.2 percent increase in 2019.

Shandong Province revised down its 2018 number by 13 percent. The Liaoning Province reduction was 7 percent. Heilongjiang Province was down 21.5 percent.

Source: Epoch Times, January 23, 2020
https://www.epochtimes.com/gb/20/1/23/n11815506.htm