China - Change in Inventories

China: Change in Inventories

Mnemonic CIVT.ICHN
Unit 100 Mil. CNY
Annual 19.03 %
Data 2017 9,585
2016 8,053

Series Information

Source National Bureau of Statistics of the People's Republic of China
Release National Accounts [annual]
Frequency Annual
Start Date 12/31/1952
End Date 12/31/2017

China: Business

Reference Last Previous Units Frequency
Industrial Production Feb 2023 2.4 % Y/Y, NSA Monthly
Purchasing Managers index Feb 2023 52.6 50.1 Dif. Index=50, SA Monthly
Change in Inventories 2017 9,585 8,053 100 Mil. CNY Annual

Release Information

For China, the main national accounts and aggregates compiled and disseminated are:

  • Gross Domestic Product (GDP), at current market prices and growth rates at constant prices.
  • GDP by expenditure is compiled at current and constant prices, but the latter are not published.
  • Sector accounts are also produced and published. There are five institutional sectors: non-financial corporations, financial institutions, general government, household, rest of the world.


  • National accounts framework: Combination of UN SNA 1993 and 2008
  • Benchmark: 4th Economic Census
  • Industry classification: GB/T 4754-2017, which aligns with UN ISIC Rev. 4
  • Measurement: 100 million Chinese yuan (100 Mil. CNY)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequencies:
    • Quarterly
    • Annual
  • Start date: As early as 1952
  • Geo coverage:
    • Country
    • 31 of 34 first-level administrative divisions (provinces and similar)


  • Benchmarked to 3rd Economic Census, GB/T 4754-2011
  • Growth indexes based to 2010 - 
  • Growth indexes based to 1978 - 1978 to 2005

In China, the annual detailed national account data is compiled by the National Bureau of Statistics (NBS).

Framework: SNA 1993.

The data sources used for China's national accounts include statistics collected by the National Bureau of Statistics (NBS) and by other government ministries, financial statements and other administrative records.

The annual GDP data are also sorted by regions and autonomous regions. The data for Hong Kong and Macao (Macau) Special Administrative Regions (SAR) and Taiwan Province of China (ROC) are estimated and published by themselves and are not included in the national accounts of China.

Value-added of the Primary Industry refers to the final products at market prices produced by all resident units of a country or a region engaged in the primary industry during a certain period of time. The primary industry refers to agriculture, forestry, animal husbandry and fishery industries (except support services to agriculture, forestry, animal husbandry and fishery industries).

Value-added of the Secondary Industry refers to the final products at market prices produced by all resident units of a country or a region engaged in the secondary industry during a certain period of time. The secondary industry refers to mining and quarrying (except auxiliary activities of mining and quarrying), manufacturing (except repairs for metal products, machinery and equipment), production and supply of electricity, steam, gas and water, and construction.

Value-added of the Tertiary Industry refers to the final products at market prices produced by all resident units engaged in the tertiary industry in a country during a certain period of time. The tertiary industry refers to all other economic activities not included in the primary or secondary industries.

For the annual and quarterly accounts, the currency reference is was 2000 for years up to 2005 and is being changed to 2005 starting with data for 2006. For the annual accounts the reference year is the previous year or 1978.

Compensation of Employees refers to the total payment of various forms to employees for the productive activities they are engaged in. It includes wages, bonuses and allowances, which the employees earn in cash or in kind. It also includes the free medical services provided to the employees and the medicine expenses, transport subsidies and social insurance, and housing fund paid by the employers.

Yes. Data is revised when new data are published each year.

Preliminary release is announced in early February through a press release on the NBS website: For example, the 2011 annual numbers (main top line only) were published on the 22 of February 2012. Data dissemination are brief and provide no history, and include: GDP, CPI, Industrial Product, Industrial Profit, Fixed Asset Investment, Real Estate, Domestic Trade, Foreign Trade, Foreign Direct Investment, Transport and Tourism, Monetary, Population.

First revision in May: Between May to July, there is a revision that gets published only in a hard copy. This is not the yearbook.

Final revision in September: The hardcopy of China Yearbook is disseminated.

Between December and January: The online version of China Yearbook is disseminated to the public.

Benchmark revisions occur periodically:

  • 2nd Economic Census (2008), applied to the 2010 national accounts, revised 2005 to 2007
  • 3rd Economic Census (2013), applied to the 2015 edition, revised 1952 to 2012
  • 4th Economic Census (2018), applied to the 2020 edition, revised 1952 to 2017

Further reading

At the source: