Shandong is China's second largest province by population, and the third largest province in terms of GDP. Its economy has benefited from the location proximity to South Korea and Japan and going forward its export-oriented industries will continue to expand. However, due to rising costs and the relatively developed nature of its economy, Shandong's GDP growth will slow. Overall, real GDP is forecast to grow at a CAGR of 5.3% over the forecast period.
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Shandong long-term economic outlook Q1 2014 PDF - 286.03 KB 3 Pages, 1 Tables, 4 Figures
China Provincial GDP Population Urbanisation Mar 2014.xls XLS - 659.00 KB
This Economic Outlook presents our macroeconomic outlook to 2035 at the country level.
Specifically we assess the structure of the economy and present the GDP and industrial production outlook.
The long-term outlook is underpinned by a set of GDP models which take account of long-term structural drivers of GDP including demographics, investment and productivity growth.
Finally, we highlight the key risks facing our outlook, both upside and downside.
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Commodity market report | Jun 2014
Shandong long-term economic outlook Q1 2014
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