SERVICES DIVISION COMMITTEE ON CHINA

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP61S00527A000200160029-8
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: November 9, 2016
• Document Release Date: July 9, 1998
• Sequence Number: 29
• Publication Date: January 28, 1958
• Content Type: MIN

Sanitized - Approv,! For Release : CIA-RDP61S007A000200160029-8
Services Division
Com +ittee on China
Committee Minutes - 159th Meetiru - 26 January 1953
D/S Representatives:
25X1A9a Mr. A/F, discussed the "Gross National Product
of Communist China". The following is a summary of his remarks:
The most reliable estimates of Communist China's Gross National
Product are probably those based on estimated final sales for consump-
tion, investment, and government purchases. %'his information its
derived from budget dataa, which provide the largest portion of invest-
ment and government purchases, and retail sales figures which provide
data for more than half of total consumer goods sales.
When analyzing trends in the industrialization of China's economy,
it is necessary to estimate the gross value of production of each
industry and for agriculture from which is subtracted estimated produc-
tion costs such as raw materials and fuel in order to obtain estimates
of income by sector origin.
In the computation of China's Gross National Product certiLin tress
may be discerned: the annual rate of growth in China's GNP fror3 1952
to 1957 is about 6 percent; and a steady decline is noted. in the
proportion of total output for consumption accompanied by a steady
increase in the proportion of total output for state investment.
Agenda:
1. February - Film: "Sun over China,"
Building 1l, Room E23 at
1400.
25X1A9a
25X1A9a
5X1A9a RR/s/TF :jd/27l.9 (28 January 1958)
Sanitized - Approved For Release : CIA-RDP61S00527A000200160029-8