ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Chinese local governments rush to admit fake data

Coming clean often leads to more central government subsidies

A worker operates at a construction site on a building in Shenyang, Liaoning province. The northeastern province admitted it had inflated its fiscal revenue.   © Reuters

BEIJING -- A growing number of Chinese local governments are owning up to having faked economic data and are moving to correct their doctored numbers, responding to a major shift in Beijing's economic policy toward the quality of growth.

One incentive for the governments of provinces and municipalities to offer more accurate economic and fiscal statistics has come from the administration of President Xi Jinping, which has switched to a quality-over-quantity economic policy.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more