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> I wish there was a solid single source of truth to figure out what's really going on in China

What kind of sources are you looking for? The Five Year Plans are the best source of truth for what they are planning on doing nationwide. The annual Statistical Communiqué on National Economic and Social Development and China Statistical Yearbook from the NBS contain statistics on how that implementation is going. Then every year the NDRC delivers the Report on the Implementation of the Plan for National Economic and Social Development and on the Draft Plan to the National People’s Congress which packages up the statistics on how the plan is progressing.



> contain statistics on how that implementation is going

Are those statistics reliable?

In the US there are often good alternative sources for data: the discussions about unemployment numbers have been interesting (e.g. after private ADP numbers released). https://seekingalpha.com/article/4850656-jobs-data-from-alte...

The lies in the Soviet 5 year production stats were relentlessly mocked in 1984.


They’re the most reliable source we’re going to get without being party insiders. There’s still Soviet-style inflation of figures to meet quotas but China has been cracking down on that for the last few decades because they want accurate data for the five year plans. I think it’s more of a problem with outer provinces, less so for the major manufacturing hubs.

Alternative sources to verify are a bit harder to find without knowing the languages (lots of the NRDC and NBS stats are available in English).


> Are those statistics reliable?

Yes, people also compare some of these statistics with export/import data and with data from other countries on the other side of these transactions, and the numbers match.




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