Library statistics play an important role in library business. It means thorough, systemtic, and immediate collection, arrangement, analysis and research of all kinds of statistical data of library business, and it reflects the real situation which helps the making of library planning. Analyzing the current statistics of academic library business nationwide not only enhances the understanding of how these libraries function in universities and their budget allocation, but helps improve the efficiency of library services in the future. The paper first explains the meaning of library standards, and makes comparison with and analysis of the standards of academic libraries overseas. Then it expounds the contents and functions of library statistics, as well as the application of statistical indices in libraries. Based on examples from a recent research by the Ministry of Education, the paper sums up by analyzing the current situation of academic library management and suggesting its improvements.