Abstract: GPI accounting, derived from shortcomings to GDP, is an effective modification of GDP. It can measure regional sustainable development. GPI accounts embrace three sub-accounts, namely, social, economic and environmental ones, and puts those that haven’t been included in by GDP accounts into accounting system. In the end, this article calculates Chinese GPI, and gets annual growth rates from 1994 to 1999:-1.3%、 -1.7%、-1.5%、-1.6%、-3.2% and -2.7%.