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Banking and insurance
The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & Insurance are depositary and non-depositary credit intermediation and related activities, investment banking,🔜 securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
Natural gas continues to outpace crude oil as China’s leading hydrocarbon resource in terms of exploration and development. In 2020, Chin𝕴a's natural gas output increased by 9.8% y/y to 192.5bcm. Coalbed methane𓂃 production totalled 6.7bcm, up by ...
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Having made it through the COVID-💯19 crisis, Chinese manufacturers are now facing another uphill battle: soaring energy prices and power outages, a new reality that is here to stay, at least for a while. Manufacturers, which have been driving ...
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The mining sector plays a crucial role in China’s economy, as it provides coal, iron ore, and numerous non-ferrous ♐minerals, which are essential raw materials for the country’s industry. China is currently the world’s largest ...
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China’s telecommunications sector is among the sectors that were leastꦏ impacted by the COVID-19 pandemic, as the lockdown measures encouraged the demand for online communication. In Q3 2021, the total revenue of China’s ...
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𓄧The sector has been witnessing a momentous evolution from a formerly generics-based into one that nourishes more value-added R&D activities. Imported innovative treatments are also allowed for faster market entry in ꦜChina, ...
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China is the largest producer of paper and paperboard in the world, according to a survey released by the Food and A♋griculture Organization of the United Nations (FAO) in 2021. It produced a total of 127mn tonnes of machine-made ...
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The consumer electronics and household appliance manufacturing sectors play a ke🔯y role in Poland’s economy. They respectively correspond to the categories of “computer, electronic and optical products” and ...
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Malaysia has a highly developed pharmaceuticals and healthcare sector. Malaysia♋’s healthcare system is tw✃o-tiered. The Ministry of Health (“MoH”) provides comprehensive, taxpayer-funded healthcare services for Malaysian ...
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India’s banking sector is regulated and governed by the RBI, which 🐟was established in April 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The government allowed the entry ꦜof private players in the ...
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In Q3 2021, Chinese residents’ expenditures on medicine and medical services continued to increase. Per capita spending of urban residents reached RMB 635, up by 10.8% y💧/y, and thꦰat of rural residents recorded a growth of 9 ...
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