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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 insurer🌌s, re-insurers and ܫinsurance 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 2019, total proven reserves of conventional natural gas increased by ꦡ809.1bcm while tꦇotal shale gas ...
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Natural resources a൲nd the mining sector are essential for China’s sustainable economic growth. Due to surging power consumption and industrial progress, the country has already be🎀come the world’s largest consumer of materials ...
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China is the largest cement producer in the world, accounting for 53.7% of global cement output in 2019, according to estimates from the US Geological Survey’s National Minerals Information Center (USGS). The cement sector in♐ China ...
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In Q3 2020, China’s insurance sector continued to recover as insurance premiums picked up by 9.1% y/y to RMB 980.4bn, of which property insurance stood at RMB 301.5bn, up by 9% y/y, and human insurance was RMB 🧔679bn, up by 9.2%. The ...
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China’s telecommunications sector saw a stable growth in the third quarter of 20♑20, with revenue rising by 3.4% y/y to RMB 330.1bn. The total business volume of the telecom industry for the first three quarters of the year ...
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In Q3 2020, manufacturin🧸g operations in China were completely resumed, and most of the pharmaceutical companies increased their production to meet the growing demand. The demand for COVID-19 related drugs, protective ...
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China is the largest producer and consumer of p💟aper and paperboard in the world, according to the White Paper on Sustainable Development of China’s Paper Sector released jointly by China Paper🍸 Association (CPA) and ...
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To satisfy its growing demand for crops📖 and other agricultural products, China, the world’s most populous country and second biggest economy, needs fertilisers to improve its food supply and demand balance. China uses about 80% of its ...
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The Mexican agriculture sector, including crop, livestock and fisheries, plays a key role in the domestic economy. Agriculture GVA accounted for 3.4%♉ of the GDP in 2💙019, and the sector is among the largest employers in the country, with a ...
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In Q2 FY2021, the automotive output volume in India (excluding commercial vehicles) reached 6.5mn units. On a quarterly baꦇsis, production increased by 353.1% qജ/q in Q2 FY2021 (up from 1.4mn units ...
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