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In GDP per capita terms, Tianjin has been China’s wealthiest municipality since 2012 and has enjoyed rapid GDP growth in the past decade. The Binhai New Area established in 2009 and continuous relocation of several industries from Beijing to Tianjin will promote the city's further development. In all, Tianjin's real GDP is forecast to have a CAGR of 6.6% over the forecast period.
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Tianjin long-term economic outlook Q3 2014 PDF - 275.29 KB 3 Pages, 1 Tables, 4 Figures
Description
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.
Wood Mackenzie's macroeconomic forecasts underpin all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.
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Tianjin long-term economic outlook Q3 2014
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