BEIJING—China is studying new ways to measure the size of its economy to reflect ambitious reform plans to make it easier for farmers to sell their land and to take into account property values. The new methods, which dovetail with an economic blueprint for reforms agreed on at a key meeting of Communist Party leaders that ended last week, are likely to increase the size of China’s economy, already the world’s second largest, according to the National Bureau of Statistics. “We need to revise the method of calculating the size of our domestic economy to make it conform with a new economic structure, the latest economic developments and…international standards,” the statistics bureau said. Officials didn’t specify how much the new calculations might change China’s headline numbers, or whether it is likely to speed up or slow growth rates. The statistics bureau will announce gross-domestic-product estimates using the new method […]