China Launches Special Campaign to Combat Statistical Fraud

What’s new: China launched a special campaign to prevent and punish statistical fraud, aiming to improve the accuracy of economic data.

The campaign started in March and will last until February 2024. The first stage of self-inspection and correction in some regions is about to be completed.

Analysts said economic data such as industrial output, fixed asset investment and real estate development investment may fluctuate more in the short term as a result of the campaign.