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It refers to the sum of the value of all final products and services produced by all resident units in a country (or region) within a certain period of time. It is often considered as an indicator to measure the economic situation of a country (or region).

　　GDP is the core indicator of national economic accounting, and also an important indicator to measure the overall economic status of a country, but it is not suitable for measuring the economic status of a region or city, because each city ’s GDP is turned over to the higher level or the amount of the country is different, so The wealth left in each city is different.

　　China's GDP refers to China's GDP. Prior to 1985, China ’s national economic accounting was derived from the former Soviet Union ’s material balance sheet system (MPS), which was compatible with the planned economy. From 1985 to 1992, it gradually integrated with the market economy-based national economic accounting system (SNA) recommended by the United Nations .

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In August 1992, the State Council issued the "Notice on the Implementation of the New National Economic Accounting System Program", which officially began to implement the SNA system in China, and GDP has become China's most important economic indicator.

　　In 2003, the National Bureau of Statistics released the "Reform of China's GDP Accounting and Data Distribution System", which completely regulated GDP data. The published GDP is divided into three categories: preliminary accounting, preliminary verification and final verification. The data is revised regularly. Since the launch of the first national economic census in 2003, to 2013, the five-year national economic census has experienced three times. The previous national economic censuses have revised the previous national economic data, especially GDP.

　　From the third quarter of 2015, the National Bureau of Statistics implemented the quarterly GDP accounting reform, adopted quarterly methods to account for quarterly GDP data, and announced relevant accounting results. As of January 2018, the net increase in China's GDP over the past eight years has suppressed the United States, which is equivalent to recreating Japan.

　　GGDP is Green Gross Domestic Product, or Green GDP. It refers to deducting the consumption of natural capital from gross domestic product to obtain GDP adjusted by the environment. It is a complete comprehensive indicator in line with sustainable development and one of the new indicators for evaluating sustainable development.

　　Gross national product, the abbreviation of GDP, the official explanation is: gross domestic product or gross domestic product, which is produced in the economy of a country (or region) within a certain period (a quarter or a year) The market value of all final results (products and services).

　　GDP only counts the final price of clothing, consumers purchase the price, but does not count the price of cotton, yarn, cloth, parts status, because gdp counts the final product, the main method of national statistics is to control the tax by ticket .

　　At the same time, statistics on the production or services of the enterprise are also being counted. So what is meant by GDP is a popular explanation: to count the total value of the final products of labor services or products provided by all domestic people.

　　Gross domestic product (GDP) refers to the final results of the production activities of all resident units of a country (or region) calculated at market prices in a certain period of time. It is often recognized as the best indicator to measure the economic situation of the country.

　　Gross domestic product (GDP) is an important comprehensive statistical indicator in the accounting system and the core indicator in China's new national economic accounting system. It reflects the economic strength and market size of a country (or region).

　　Regarding the calculation of GDP, according to Mankiw ’s Principles of Economics, GDP (Y) = consumption (C) + investment (I) + government purchase (G) + net export (NX). In fact, there are three methods of accounting for GDP: production method, income method and expenditure method.

　　The production method is a statistical method of China's GDP. From the industrial point of view, GDP is divided into primary, secondary, and tertiary industries, and their added value is calculated separately and then summed up. Of course, inflation factors must be deducted from the final product and intermediate inputs. GDP calculated by the production method refers to the added value of various departments during the accounting period. The formula is as follows: GDP = total output of each sector-intermediate consumption of each sector.

　　Income method: The income method calculates GDP from the perspective of the income of each production factor. The formula is as follows: GDP = labor compensation + net production tax + consumption of fixed capital + operating surplus.

　　Expenditure method: The expenditure method is actually Mancun ’s formula, which is to add up the total final consumption of all kinds of goods and services in the whole society: (consumption (C) + investment (I) + government purchase (G)), plus net exports . GDP = final consumption + total capital formation + net exports.

　　Real GDP per capita, also known as "GDP per capita", is often used as an indicator of economic development in development economics. It is one of the important macroeconomic indicators. It is a country where people understand and grasp a country. Or an effective tool for the regional macroeconomic performance.

　　Comparing the GDP achieved in a country ’s accounting period (usually one year) with the country ’s resident population (currently the user ’s population), we get the GDP per capita. It is a standard for measuring the living standards of people in various countries. For a more objective measurement, it is often combined with purchasing power parity.

　　A country or region, the ratio of GDP achieved during the accounting period (usually one year) to the resident population within its range (the current floating population has become an important part of the national or regional economic contribution, and must not be ignored, so users The national population is unscientific as a comparative indicator).

　　Although the per capita GDP cannot be directly equal to the per capita income and living standard of residents, it constitutes the main material basis of per capita income and living standard of a country's residents, and it is an important reference index for improving the per capita income level and living standard of residents. In fact, countries that emphasize GDP per capita generally pay more attention to improving the per capita income level and social equity of their residents.

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The concept of GDP per capita and the status of GDP per capita directly determine and affect a country's investment orientation, investment capacity, and investment level in terms of residents' income and living standards and its social construction.

　　1. Gross Domestic Product (GDP) refers to the value of all final products and services produced in the economy of a country or region within a certain period of time (one quarter or one year), which is often recognized It is the best indicator to measure the national economic situation.

　　It can not only reflect a country's economic performance, but also reflect a country's national strength and wealth. In January 2012, the National Bureau of Statistics released important economic data for 2011, of which GDP grew by 9.2%, basically in line with expectations.

　　2. Real GDP per capita, or “GDP per capita”, is often used as an indicator of economic development in development economics and one of the most important macroeconomic indicators. An effective tool for the macroeconomic performance of a country or region.

　　Comparing the GDP achieved in a country ’s accounting period (usually one year) with the country ’s resident population (or household registration population) to obtain the GDP per capita. It is a standard for measuring the living standards of people in various countries. For a more objective measurement, it is often combined with purchasing power parity.

　　A country's GDP has grown significantly, reflecting the country's vigorous economic development, national income has increased, and consumption capacity has also increased. In this case, the country ’s central bank will likely increase interest rates and tighten the money supply. The country ’s economic performance and rising interest rates will increase the currency ’s attractiveness.

　　Conversely, if a country's GDP shows negative growth, it indicates that the country's economy is in a state of recession and consumption power is reduced. At this time, the central bank of the country will likely cut interest rates to stimulate economic growth again. The decline in interest rates and the weak economic performance will reduce the attractiveness of the country's currency.

　　Therefore, generally speaking, a high economic growth rate will promote the rise of the national currency exchange rate, while a low economic growth rate will cause the country's currency exchange rate to fall.

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