Planned economies have one large drawback. Quite often, its results may be inaccurate and unreliable due to political reasons.  If the government orders to display the current indicators better than they really are, it will be done appropriately. Importantly, China has such a type of economy and more than once, it has been caught on the falsification of economic figures.

From time to time, Beijing exaggerates its real GDP growth rate and other important indicators. For this reason, the latest official data has raised a lot of questions about incorrect economic results. In particular, the GDP annual growth was measured in comparison with the previous quarters of this year but not with the figures of the past year. As a result, the overall situation looks more positive. Besides, China's government did not provide a broader picture of the economic recovery across the country, namely in the regions. Although the recovery of the national economy is uneven throughout the country. "The recovery itself is actually two-pronged, and you see the larger cities, you see the coastal regions doing much, much better than the rest of the country. So, there’s really two recoveries going on — Beijing wants to advertise the Beijing, Shanghai, Guangdong type of recovery, but that’s not most of China,” the CEO of research firm China Beige Book, Leland Miller, said.

Yet, there is room for optimism as well. For instance, China recorded steady growth in the number of trips around the country. At the end of September, China celebrates a national holiday known as Golden Week. It is no surprise that the number of passengers amounted to 600 million people.