Li Keqiang index

Li Keqiang index or Keqiang index (Chinese: 克强指数) is an economic measurement index created by The Economist to measure China's economy using three indicators, as reportedly preferred by Li Keqiang, formerly the Premier of the People's Republic of China, as a better economic indicator than official numbers of GDP.[1]

According to a State Department memo (released by WikiLeaks), Li Keqiang (then the Chinese Communist Party Committee Secretary of Liaoning) told a US ambassador in 2007 that the GDP figures in Liaoning were unreliable and that he himself used three other indicators: the railway cargo volume, electricity consumption and loans disbursed by banks.[1]

The "Keqiang index" is also used by Haitong Securities released in 2013, suggesting decelerating China's economic growth since the beginning of 2013.[2]

See also

References
  1. "Keqiang ker-ching: How China's next prime minister keeps tabs on its economy". The Economist. 2010-12-09.
  2. "'Keqiang Index' Falls in May". ChinaScope Financial. 2013-06-24. Archived from the original on 2013-06-29. Retrieved 2013-07-23.
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