However, if consumption occurs abroad, the purchase of foreign goods is not included in the country's GDP.
There are three methods of GDP accounting, namely, production method, income method and expenditure method, which reflect the results of national economic production activities from different angles, and the accounting results of the three methods are the same in theory.
Extended data:
Scope of GDP accounting:
1, production range
The production scope of GDP accounting includes the following three parts:
First, the production of goods and services provided or prepared by producers to other units;
Second, the self-sufficient production of all commodities used by producers for final consumption or capital formation;
The third is the owner's own housing service and paid self-sufficient family service production for its final consumption.
The scope of production does not include unpaid self-sufficient family services, natural activities without unit control (such as the natural growth of wild and uncultivated forests, wild fruits or berries, and natural growth of fish on the high seas).
2. Geographical scope
In principle, the scope of GDP accounting includes the economic activities of all permanent units with economic interests in China economy.
The quarterly GDP data in this report is the national data calculated by the National Bureau of Statistics, excluding the regional GDP data of Hongkong, Macao Special Administrative Region and Taiwan Province Province.
3. Accounting unit
GDP accounting mainly takes legal entity as accounting unit. In accounting, enterprises are divided into different industries according to their main activities, and the added value of each industry is calculated respectively, and then the added value of each industry is summarized to get GDP.
Reference source: Baidu Encyclopedia-GDP