Located in the central region of China, Shanxi is famous for its development in the mining-related heavy industries. However, the existing overcapacity issue in China's coal and steel industries will pose a large downside factor to the provincial development in the medium term as it is difficult to achieve significant industry upgrading in the short term. Overall, Wood Mackenzie forecasts Shanxi's real GDP to grow at a CAGR of 5.3% between now and 2035.
This report includes 2 file(s)
Shanxi long-term economic outlook Q1 2014 PDF - 285.49 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
Shanxi long-term economic outlook Q1 2014
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