Many have doubts about statistics, including the consumer price index (CPI) released by Chinese Government. We re-estimate the CPI in urban China from 1997 to 2009, with two widely accepted approaches to treating owner-occupied housing (i.e., user cost approach and consumption cost approach). The results are not considerably different from the NBS statistics, especially for recent years.
He, Xinhua 何新华 (2010) Zhunque lijie CPI zhizheng de jige guanjian gainian. 准确理解CPI 之争中的几个关键概念. IWEP Working Paper No. DSWP201003, Institute of World Economics and Polictics Chinese Academy of Social Sciences, Beijing. (in Chinese)
International Labour Organization (2004). Chapter 23: Durables and User Costs. In Consumer price index manual: Theory and practice (pp. 420-422, 438-441). Geneva: International Labour Organization.
Katz, A. J. (2009) Estimating dwelling services in the candidate countries: theoretical and practical considerations in developing methodologies based on a user cost of capital measure. In: W. E. Diewert, B. M. Balk, D. Fixler, K. J. Fox, & A. O. Nakamura (Eds.), Price and productivity measurement, housing (pp. 33-50). Bloomington, IN: Trafford Press.