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.
China's textile sector, as a traditional pillar industry of the national economy and an important industry for people's livelihoods, plays a significant role in boosting foreign trade, creating jobs, increasing farmers' income and promoting ...
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China is the world's largest producer, consumer, and exporter of steel. The country's crude steel production and consumption have both ranked first in the world for 28 consecutive years, according to the China Iron and Steel Association (CISA). In ...
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The ASEAN region has a significant influence on the global electronics market. Thailand, Indonesia, and Malaysia are the primary suppliers of hard disc drives (HDDs), essential components for computer data storage. Approximately 60% of China's HDD ...
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Four-wheel motor vehicle production in ASEAN (particularly Thailand, Indonesia, Malaysia, the Philippines, Vietnam and Myanmar) dropped by 31.6% y/y in 2020 due to the negative effects of the COVID-19 pandemic. However, output saw a strong rebound in ...
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China's mobile communications equipment sector can be broadly divided into two subsectors: communication terminal equipment (e.g., mobile handsets) and communication station equipment (e.g., base stations and IoT communication modules). In 2023, the ...
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Poland's electricity sector has been rebounding over the past couple of years, driven by high energy prices and increased public and private investment, including support from the EU. Additionally, the electrification of various sectors and the ...
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The chemical sector is one of the critical pillars of the Chinese economy. The consistent development of China's chemical sector has been sustained for over two decades, primarily driven by the increased demand from both domestic and international ...
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The Indian steel sector is a key pillar of the nation's economy, playing a vital role in industrial growth, infrastructure development, and job creation. With a strong foundation of abundant raw materials like iron ore and affordable labour, the ...
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Colombia was the fourth largest pharmaceutical market in Latin America in terms of sales value as of June 2022, and has a large and growing population. The country has a near-universal social security health insurance system, which suffers from ...
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In Q2 2024, sales of new motor vehicles in Brazil stood at 629,402 units, increasing by 19.5% y/y and by 22.3% against Q1 2024. Passenger cars were the leading category with a market share of 75% in Q1 2024, followed by light commercial vehicles and ...
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