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, invest🌜ment 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.
Despite the impact of the COVID-19 pandemic, the growth of China’s banking sector has ღbeen solid. According to statistics published by China Banking and Insurance Regulatory Commission, the total banking assets reached RMB 302tn during the ...
极速赛车168开奖官网开奖:View more detailsIn early 2020, a worldwide outbreak of coronavirus occurred, affecting the global socio-economic reality. COVID-19 posed a particular challenge to ಌthe healthcare industry. Since the pandemic started in Wuhan, Hubei province, China took a leading role ...
极速赛车168开奖官网开奖:View more detailsIn the first quarter of 2020, China food sector&r𝔉squo;s revenue dropped by 10.9% y/y to RMB 397.8bn, due to the coronavirus pandemic. The large-scale quarantine also harmed the sector’s tꦅotal profit for that quarter, which slumped by 28.2% y/y ...
极速赛车168开奖官网开奖:View more detailsThe revenue of China’s mobile communications equiไpment sector fell by 4.7% y/y 🔥in the first quarter of 2020, according to MIIT. The gross value added of communications equipment manufacturing during this period slid by 1.1% y/y. Despite the ...
极速赛车168开奖官网开奖:View more detailsIn the first quarter of 2020, China’s air transportation sector was severely hit by the coronavirus outbreak starting in January 2020, when the first cases were announced in China. It happenᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚeꩲd just days before the Chinese New Year holiday, when ...
极速赛车168开奖官网开奖:View more detailsChina’s automotive market recorded the second consecutive year of decline in sales during 2019. According to statistics published by the China Association of Automobile Manufacturers (CAAM), the total motor vehicle sales i𝕴n China 🦄reached 25.8mn ...
极速赛车168开奖官网开奖:View more detailsIn🍷 the first quarter of 2020, China's pharmaceutical manufacturing sector was strongly affected by the coronavirus outbreak. Pharmaceutical companies delayed the start of work, due to blocked transportation and restrictions on movement of people and ...
极速赛车168开奖官网开奖:View more detailsIn the fourth quarter of 2019, China’s chemical sector’s value added of industry (VAI) rose by 6.2% y/y, 3.5 pp faster than in the same period of 2018. During both Q3 and ♏Q4 2019, China’s economy expa🦩nded by a record low of 6% y/y, ...
极速赛车168开奖官网开奖:View more detailsThe insurance sector in China remained on the growing track in the fourth quarter of 2019. Its total assets expanded by 12.2% y/y and exceeded RMB 20tn for the first time, reaching RMB 20.6tn at the quarter end. The insurance ♋premiums generated in Q4 ...
极速赛车168开奖官网开奖:View more detailsThe real estate sector is a major driver for China’s economic growth, accounting alone for about 7% of the country’s GDP in 2019, and for around 14% of it jointly with the construction sector. The residential bওuilding subsector is the ...
极速赛车168开奖官网开奖:View more details