Final draft of the Central Product Classification, Version 2

The structure of the final draft of the CPC, Version 2, is available to the Statistical Commission as a background document.

China, in turn, is a major market for final products, intermediate goods (including those used to produce finished exports), and commodities.

Proposals for the Central Product Classification version 2.0 were to be finalized by the end of 2005 for submission to Statistical Commission.

Review of the link between the Central Product Classification and the United Nations Standard Product and Services Code

The submission of the final structure for the proposed Central Product Classification, Version 2, to the present session of the Statistical Commission concludes a multi year programme that was undertaken in conjunction with the revision of the International Standard Industrial Classification of All Economic Activities.

Billions of dollars are flowing into auto, steel, chemical, and high tech electronics plants, setting the stage for China to be a major exporter of high end products.

A comparison of the detail provided in the UNSPC and CPC makes the UNSPSC appear much more detailed. However, considering the UNSPSC detail as a list of products rather than as a structured classification, it seems more appropriate to compare it to the CPC index, which now covers more than 42,000 items, compared to 18,000 in the UNSPSC.

With Europe and the US still accounting for the largest shares of China s end market exports, there can be no escaping the tight linkages of Asia s China centric supply chain to the ups and downs of demand in the major developed economies.

The first step resulted in the preparation of the Central Product Classification, Version 1.1, which was submitted and approved by the Statistical Commission in 2002.

The issue of establishing a correspondence between the CPC and the UNSPSC has been considered by the United Nations Statistics Division and a trial correspondence has been developed.

It also ensured the inclusion of necessary details for implementation in the CPC.

The work could be linked to the implementation and use of the CPC.

To examine and foster the integral utilization of the products derived from the olive tree

To examine and foster the integral utilization of the products derived from the olive tree.

(e) Does the Commission agree with the findings of the Expert Group not to pursue further a link between the United Nations Standard Products and Service Code and the Central Product Classification?

China is a net exporter of long products and a net importer of flat products.

Compared with CPC Version 1.1, about 200 new items have been added to CPC Version 2 in the areas of agriculture, forestry, fisheries and food.

The correspondence table between the Central Product Classification and the Extended Balance of Payments Statistics will be revised in line with the revisions and clarifications arising from the revision of the System of National Accounts, the Balance of Payments Manual and the Central Product Classification revision.

Most of the proposals had been reviewed in other forums, such as the Voorburg Group on Service Statistics, before being incorporated in the CPC draft and reviewed by countries in the full CPC context.

becoming skilled at evaluating the potential impact of nanotechnology products from cradle to grave

What was the final score?

In addition, the categories at the detailed level of the UNSPSC for services are often not identifiable in terms of the CPC owing to ambiguity in language or for other reasons.

While the CPC bases its goods part on definitions of the Harmonized System, there is no such link or equivalent level of definition for the UNSPSC.

But this is the end result.

Adoption of the final outcomes of the

Adoption of the final outcomes of

Adoption of the final outcomes of the International Meeting

Page 2, Documentation, final listing

Agriculture in the Central Product Classification, the International Standard Industrial Classification of All Economic Activities and the International Standard Classification of Occupations

To promote campaigns on the responsible consumption of ecologically feasible products and the use of clean technologies (for example, biogas).

Today, companies are relentless in pursuing new technologies, new product markets and new economies.

(c) Noted that the deadlines in the revision processes of the International Standard Industrial Classification and the Central Product Classification (CPC) were highly important for the revision processes of other classifications and urged that efforts be undertaken to also keep the revision of the Central Product Classification on schedule

At its meeting in June 2005, the Expert Group reviewed the process employed for the CPC revision and the detailed work that had been done to produce a first complete draft for the CPC, Version 2.

The outcome was a major step backward.

Consideration and adoption of final resolutions

Adoption of the final outcomes of the International Meeting.

Terms of reference are being finalized.

Final PPPs and other measures will be published later in 2007 when final GDP data become available.

The revised structure of the CPC and the extended recognition of products better reflect the current production patterns and make the revised CPC a better tool for measuring outputs of economic activities in line with concepts in the SNA.

Activist states around the world have funded basic science and served as early customers for the novel products that result.

Product bundling is most suitable for high volume and high margin (i.e., low marginal cost) products.

The objectives of the 2007 revision of the Central Product Classification were formulated in terms of relevance, comparability and continuity.

The planned user's guide for the International Standard Industrial Classification of All Economic Activities will address Central Product Classification issues as well.

Gradually, its concepts and definitions became outdated as compared with the Harmonized System and the Central Product Classification.