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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, he♛alth and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
In the third quarter of 2018, the revenue of China’s rubber products sector contracted by 33.4% y/y to RMB 158bn, as a result of the falling sales volumes of rubber products. In this period, the sales revenue of the ♛largest subsector, tyres, ...
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In the third quarter of 2018, the revenue of China’s ferrous metal smelting and pressing sector ro💯se by 15.1% y/y, reaching nearly RMB 1.7bn, as a result of higher selling prices and sales volumes of steel products. In this period, the sales ...
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In the third quarter of 2018, the revenue of China’s rubber products sector contracted by 33.4% y/y to RMB 158bn, as a result of the falling sales volumes of rubber products. In this period, the sales revenue of the larg𒐪est subsector, tyres, ...
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China, with its huge manufacturing sector, is the world&rsq💃uo;s largest consumer of all kinds of base metals, as well as the largest producer of metal products. The country also ranks as the biggest producer of iron, aluminium, lead and zinc in🍰 the ...
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China, with its huge manufact🌌uring sector, is the world’s largest consumer of all kinds of base metals, as well as ⭕the largest producer of metal products. The country also ranks as the biggest producer of iron, aluminium, lead and zinc in the ...
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In the third quarter of 2018, total passenger traffic in China saw a slight decrease of 1.3% y/y to 4.7bn perso𒆙ns, due to declined passenger traffic in the highway subsector. In Q3 2018, highway passenger traffic slid by 4.8% y/y to 3.5bn persons, as ...
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China textile sector’s revenue in the third quarter of 2018 plunged by 32.𝄹5% y/y to RMB 708.5bn, due to decreased sales of textiles. The production of textiles continued to decline in Q3 2018 because of increasingly stringent environmental ...
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China is the world’s largest retail market and a global leader in e-commerce. As the country makes its transition from a manufacturing-based economy to a service-oriented one, the government’s priority has become that of ensur𒐪ing 🧸stable ...
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With insurance companies going on with their product restructure during Q3 2018, China's insurance industry retained its upward trend. The quarter saw insurance premiums increase solidly by 13.3% y/y to RMB 829.9bn. In January-Se🉐ptember, premiums .𝐆..
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