The Green National Economic Accounting Under Two-oriented Society

Since1978，after carrying out reform and opening policy for thirty years, Chinahave made epic progress in economy，which the whole Chinese are very proud of. But ifwe pursuit the growth of economy purely, and measure the scale and speed of economyfor using the traditional GDP index, the negative effects which are caused by are alsoobvious. High consumption of natural resources has been developed “bottleneck"problem which restricts the development of economy. The lack of proper ecologicalenvironment has become a great structural problem which restricts the growth ofeconomy. Average results which have been calculated for years show that there are atleast20%in the economic growth of Chinese GDP, rely on “Overdraft" of resources andecological environment to achieve. While the traditional GDP just reflects the output oftotal economy and income situation, the hidden environmental pollution and ecologicaldestruction can not be seen, and the state of the real economy can not be reflected. Onthe year2007,the National Development and Reform Commission approved that theWuhan city circle and Changzhutan city group will become a "national resource-savingand environment-friendly society" Experimental Zone (i.e." two oriented society"),this article is discussed in this background of" two oriented society" under the greennational economic accounting.This paper is mainly united of3parts: the theoretical analysis, empirical researchand conclusion. In the theoretical part, we will analysis the meaning of green GDP, GDPgreen awareness, domestic and abroad research progress of green GDP businessaccounting est., put forward by the index system, account system, circular economy andinformation disclosure statements of the system into four parts: the green GDPaccounting system, and the preparation of Wuhan city green GDP accountinginformation disclosure statements.On the empirical study part, which according to the index system of green GDPaccounting and information disclosure statements, uses Wuhan city’s2001~2010GDP,innovation ability, the level of economic, environmental protection, resource utilizationand city charm data as the research index. Firstly, to make descriptive statistics aboutthe Wuhan city’s GDP and the innovation ability, the level of economic, environmentalprotection, resource utilization and city charm five indicators, concluded that the Wuhancity economy development and the index has a strong linear correlation. Then usingmultiple linear regression model to analyze each index to make empirical analysis study,constructor, and to test its significance, finally concluded that the Wuhan city GDP andfive first grade indexes were positively related to, and are associated with high levels ofconclusion;Finally, from the conclusion of this paper, some advice are put forward onenhancement of public awareness, carrying out green accouting, establishment of greenGDP as the core of measurement index and so on, and the policy about accelerating the development of green GDP is raised.