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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 welfa✤re funds, monetary authorities, stock exchanges, and collection and credit agencies.
In the third quarter of 2019, China's telecommunications industry was revolutionised by the commercialisation of the 5G technology. It was ꦫa period of intensive 5G infrastructure de♐velopment and technological upgrade. The official launch of 5G ...
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🍰China is the largest producer and consumer of paper and paperboard in the world, according to the Wh𒅌ite Paper on Sustainable Development of China's Paper Sector released jointly by China Paper Association (CPA) and China Technical Association of ...
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According to data from China Iron and Steel Association (CISA), in the third quarter of 2019, China produced 255.7mn tonnes of crude steel and 322.4mn tonnes of steel products, representing y𒐪/y increases of 3% and 11.1%, respectively. Figures from ...
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In Q3 2019 China&rsq🍷uo;s healthcare sector continued to expand, stimulated by further structural reforms. The period saw increased government spending on healthcare, with expenditure on health and family planning growing by 12.1% y/y to RMB 369.3bn. ...
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The total assets of China's banking sector expanded by 6.3% y/y to RMB 268,240bn at the end of 2018 and the deposits increased by 8.2% y/y to RMB 177,5𒈔23bn. The year 2018 was characterised by an easing monetary policy, which, along with the ...
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Cement manufacturing underpins various activities that form the backbone of Indian manufacturing, e.g. residential construction 🐻and infrastructure. Cement is a highly regulated industry in India, not only because of it✨s strategic importance, but also ...
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The steel sector contributes about 2% of the Indian economy’s total GVA,🐲 according to the Indian Brand Equity Foundation (IBEF). The sector employs 500,000 people directly and 2.5mn people indirectly. Indian crude steel production is the ...
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The telecommunications sector in China has been pl🌊aying a crucial role in the country’s development processes. As one of the key national industries, it p🉐lays a double role. Apart from its traditional functions, it has fundamental importance ...
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The development of E&E manufacturing has been key to Malaysia’s transition from an agricultural to a manufacturing-based economy, and the consumer electronics sector has been an important driver of that transformati🐓on. Malaysia is a global ...
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The slowing economy and the transition to VI emission standards continued to weigh on China’s automotive market. In Q3 2019, the automotive🔥 production slumped by 6.2% y/y to 6mn units, where passenger car production only w🍷as down by 6.9% y/y. ...
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