Abstract: After years of preparation, the revised SNA formally completed. As the core international statistical standard, the new SNA made significant progress and would make profound impacts on economic analysis and policy making. In this paper, we summarized main changes in SNA2008 from different perspectives, such as changing of added value and adjustments of asset concept, financial innovation and recording method, globalization and related issues, general government and public sector, informal economy and others and analyzed potential impacts of changes in SNA2008 from macroeconomic data, economic analysis framework and policy design, etc. Researches show that revised SNA brought significant implications and we suggest promoting statistical reform of China for related opportunities and challenges.
Keywords: National Accounts, Revision, Impact, Response
source:Finance & Trade Economics ,No12,2013