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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, investme🎉nt 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.
China's healthcare system is hospital-centric, with public hospitals delivering approximately 90% of the inpatient and outpatient care consumed in the country in both h🌳ospitals and basic medical ওinstitutions. Nearly 40% of hospitals’ revenue is ...
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Russia is a major producer and exporter of oil and na♚tural gas. The country holds the world’s largest proven natural gas reserves (25% of the total) and ranks seventh in terms of crude oil reserves (5.4% of th༺e total). The Russian economy is ...
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Turkey’s automotive sector grew strongly in 2016, with production🎐 hitting a new record high f♕or the second straight year and exports exceeding the one-million mark for the first time ever. The expansion was supported by increased investments, ...
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The Philippines healthcare and pharmaceuticals sector has grown gradually in past years due to ඣthe country’s population and economic growth. Recently, sector growth has accelerated due to policy measures to increase the healthcare budg🐷et which ...
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China invested nearly RMB 950bn in fixed assets in the environmental protection and water conservancy sector in 2015 – an increase of 17.4% y/y. Fixed assets investment in environmental management al💯one increased by 24.9% y/y to RMB 250bn in ...
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Alꩲongside mining, non-ferrous metal processing is vital to the Indian economy, as it provides inputs to industries across the country’s manufacturing spectrum. Despite the high reported levels of self-sufficienc🌸y in many metallic minerals, ...
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Food and beverage manufacturing and food service provided 6.0% and 2.5%, respectively🦩, of the country’s🦩 GDP in 2015. These activities employ several million people in Thailand and account for significant portions of household expenditure. In ...
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The automotive sector’s gross output accounted for 10.3% of the total gross output of the Czech economy in 2015, up from 8.5% in 2011. The sectoღr’s share of the total gross value added (GVA) also increased to 5.2% in 2015 from 4.5% in ...
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Indonesia’s construc♈tion and real estate markets are among the biggest in Asia and enjoy high growth potential for the foreseeable future. Growth drivers include the country’s vast and urbanising population in need of housing, as well as ...
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The textile sector is one ♋of the key pillars of Chinese industry. The country has very strong traditions in all segments and, despite the emergence of new global suppliers, it remains a major power in the field of textiles. The domestic market, with ...
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