Li Keqiang index or Keqiang index ( Chinese : 克强指? ) is an economic measurement index created by The Economist in 2010 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 leaked State Department memo , 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 [ edit ]

• Economy of China
• Li Keqiang Government
• Big Mac Index , another index by The Economist

References [ edit ]

Further reading [ edit ]

• "Qiang Ker-ching: How to measure China's true economic growth: In search of a successor to the Li Keqiang Index" . The Economist . March 9, 2023 . Retrieved 28 October 2023 .