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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 activitie🌳s, 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.
Food manufacturing is oneﷺ of the most important sectors of China’s economy, as it provides sustenance to almost 20% of the world’s population. The industry also provides an impetus for the development of related sectors such as ...
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China is the world’s largest manufacturer of rubber products, including tyres, where it holds the world top position since 2006, followe⛦d by the U.S. and Japan. The development of China’s automotive, construction, medical and footwear ...
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In April and May of 2016, the paper manufacturing sector’s revenue reache🥃d RMB 233bn, up 4% y/y. The growth rate decelerated from the 6.7% registered in Q1, due to the elimination of outdated production capacity. By May 2016, Dongguan, a city ...
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