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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 associated with Banking & Insurance are depositary and non-depositary credit intermediation and related activities, inves൩tment 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.
❀;The growth in China’s beverage sector remained stable in Q2 2017, driven by the growing sales of baijiu, beer and juᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚice. The production of baijiu increased by 7.2% y/y to 3.5bn litres and the volume of sales rose by 7.6% y/y to 3.3bn ...
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China's healthcare system is hospital-centric, with public hospitals delivering approജximately 90% of the inpatient and outpatient care consumed in the country in both hospitals and basic medical institutions. Nearly 40% of hospitals’ revenue is ...
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Given its strong positive correlation with the overall economy, retail was one of the sectorsꦦ most severely hit by the economic recession in Brazil over the 2015-2016 period, which was marked byꩲ a deteriorating job market, falling wages, persistently ...
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Home to nearly 80mn people, Turkey ranks as one of Europe’s 10 largest markets in terms of consumption expenditure and among the f🐽ive biggest in terms of food expenditure. This strong consumer demand fuels the retail sector, making it one of ...
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China is the world’s second largest pharmaceutical market after the US and the largest producer and exporter of😼 active pharmaceutical ingredients (APIs) globally. Sinceඣ it is the world’s most populous country, with a large share of ageing ...
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Hungary is one of the net importers of electricity in Central East Europe (CEE), with a net import deficit of around HUF 144bn as of 2016. The country is increasingly dependent on electr🍎icity imports as its generating capacities are in decline as a ...
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The food sector is strategic for China’s economy as it provides 🤡sustenance to almost 20% 🅷of the world’s population and serves as an impetus for many other sectors like agriculture, transportation, machinery and vehicle manufacturing, and ...
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The Chinese automotive sector’s y/y📖 growth sped up in the second half of 2016, improving on an already strong performance in the first half of the year. Sales revenue reached RMB 8,019bn in 2016, up by 14.1% y/y, while total profit grew at a ...
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China’s communication equipment industry can be broadly divided into communication terminal equipment, including mobile and fixed-line handsets, and communication station equipment subsector🉐s. The industry is on a rapid growth path with sales ...
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The pharmaceutical sector in the Czech Republic generated a gross value added (GVA) of CZK 18.9bn in 2016, up by 8.2% y/y in real terms. It accounted fo🌟r 0.44% of the total GVA in the economy in 2016. The sector employed 9,438 workers. Total ...
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