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 welfare funds, monetary authorities, stock exchanges, andꦚ collection and credit agencies.
In Q2 2019, China’s economy slowed down, growing by 6.2% y/y, a record low in 27 years. However, total retail sales of consumer goods rose by 8.6% y/y in Q2 2019 to RMB 9,742bn, driven by growing incomes, highꩵer spending anജd the ...
极速赛车168开奖官网开奖:View more detailsThe Philippines insura☂nce sector is one of the least developed in the ASEAN region, with insurance penetration and density significantly lower than those in some other large ASEAN coun🃏tries including Indonesia and Thailand. However, incomes in the ...
极速赛车168开奖官网开奖:View more detailsThe steel sector contributed about 2% of the Indian economy’s total GVA in FY2018, employing 500,000 people directly and 2.5mn 🎃people indirectly. Indian crude steel pꦗroduction is the second-largest in the world and the domestic steel market is ...
极速赛车168开奖官网开奖:View more detailsChina is the world’s second largest pharmaceutical market after the US and the largest producer and exporter of active pharmaceutical ingredients (APIs) globally. Since it is the woඣrld’s most populous country, with a large share of ageing ...
极速赛车168开奖官网开奖:View more detailsIndia’s textil🌌e sector is the country’s oldest manufacturing industry.𝓡 Textiles and apparel contributed 2.1% of India’s GDP, 12.65% of its manufacturing, and 12% of its exports in FY2018. Textiles is second only to agriculture in ...
极速赛车168开奖官网开奖:View more detailsWith 1.4bn population each as of 2017, India and China are the moꦯst numerous countries out of the🍷 six forming the focus of this report. However, the two countries differ widely in terms of per capita GDP, with that of China being more than twice that ...
极速赛车168开奖官网开奖:View more detailsAs the negative impact from the life product restructuring continued to diminish, China’s insurance sector repo🍌rted a stronger growth during Q4 2018. Total insurance premiums reached RMB 735.5bn in Q4, registering a y/y increase of 20.1%, about ...
极速赛车168开奖官网开奖:View more detailsAs the negative impact from the ꩲlife product restructuring continued to diminish, China’s insurance sector rep💃orted a stronger growth during Q4 2018. Total insurance premiums reached RMB 735.5bn in Q4, registering a y/y increase of 20.1%, about ...
极速赛车168开奖官网开奖:View more detailsChina is the world’s largest producer of steel, accounting for 51ᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚ% of the global steel production in 2018, according to the World Steel Association. The data from China Iron and Steel Association (CISA) shows that in 2018, China produced more ...
极速赛车168开奖官网开奖:View more detailsThe chemicals secto൩r is one of the key pillars of the Chinese ဣeconomy. It comprises five major subsectors – agricultural chemicals, basic chemicals, synthetic materials, coating and dyestuff, and special purpose chemicals. Over the past two ...
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