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, and collection and credit agencies.
Construction has always been a favoured tool of the Chinese authorities for stimulating the economy and its development closely reflects that of GDP. After the global financial crisis of 2008, a government stimulus package of RMB 4tn was used for ...
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Food manufacturing is one 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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With a population of some 257 million, Indonesia is the world’s fourth-most populous country and the largest economy in the ASEAN region. The food and beverage sector employs over 4.5 million and is the largest in the manufacturing industry. ...
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The Hungarian agricultural sector is relatively small, accounting in 2015 for only 1.9% of the agricultural output of the European Union. The country was the sixth largest producer of industrial crops in the EU that year. The sector contributed ...
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The automotive industry has been one of Argentina’s most dynamic since the recovery of the domestic economy from 2003 onwards. Between 2003 and 2011, the production of motor vehicles expanded at a robust CAGR of 21.9%. However, since then the ...
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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, followed 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 reached 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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Thailand’s automotive sector has achieved rapid development in past two decades, making the country the largest auto producer in ASEAN and the 12th-largest in the world. The sector is dominated by the major Chinese automotive manufacturers. ...
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Chile is a key global player in the production of metallic minerals. In 2015, the country was the world’s largest copper mine producer, with a 29.9% share in global output, the second biggest molybdenum mine producer (18.2% share) and the ...
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The Malaysian food and beverage (F&B) industry is a fast-growing industry characterized by a large export market. Malaysia’s most significant F&B exports are in the oils and fats category, particularly palm oil-based products, for which ...
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