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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 asso𝓰ciated with Banking & Insurance are depositary and non-depositary credit intermediation and related ac𝔉tivities, 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.
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 80𝄹9.1bcm while total shale gas ...
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Natural resources and the mining sector are essential for China’s sustainable economic growth. Due to surging power consumption and industrial progress, the country has already become the world’s large🔴st 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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Chinaℱ’s telecommunications sector saw a stable growth in the third quarter of 2020, with revenue rising by 3.4% y/y to RMB 330.1bn. The total business voluꦉme of the telecom industry for the first three quarters of the year ...
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In Q3 2020, manufacturing operations in China were completely resumed, and most of the pharmacღeutical&nbs𒀰p;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 paper and paperboar🗹d 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 co𒊎untry and second biggest economy, nee🌟ds 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. Agric♏ulture GVA accounted 💫for 3.4% of the GDP in 2019, 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 basis, produc🐎tion increased by 353.1% q/q in Q2 FY2021 (up from 1.4mn units ...
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