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IMF says China subscribes to special data dissemination standard

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Reuters WASHINGTON

WASHINGTON (Reuters) - China on Wednesday subscribed to the International Monetary Fund's Special Data Dissemination Standard (SDDS), marking a major step forward for official statistics in the country, the IMF said.

"Participation in the SDDS is expected to enhance a country's availability of timely and comprehensive statistics and contribute to the pursuit of sound macroeconomic policies," the IMF said in a statement.

(Reporting by Krista Hughes; Editing by Sandra Maler and Lisa Lambert)

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First Published: Oct 08 2015 | 12:02 AM IST

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