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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, 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 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 2024, the ...
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China is the world's largest producer and consumer of alcoholic beverages, producing almost one-half of the world's spirits and nearly one-fifth of the world's beer. In 2024, China's production of baijiu and beer reached 4.1bn litres and 35.2bn ...
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The Central and Eastern Europe (CEE) food and drink sector is a cornerstone of the region's manufacturing industry. According to the EU Food and Drink Industry report for 2023, in Poland the industry generated a turnover of EUR 69.7bn, contributing ...
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Generating some 13% of Indonesia's gross domestic product (GDP), and employing a fifth of the country's workforce, the retail sector has gained a strong footing in Southeast Asia's largest economy. Growth in the sector is fuelled by a huge consumer ...
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Consumer electronics is a vital component of the manufacturing sector in India. It is touted to be one of the key pillars of economic growth due to its ability to generate employment and influence other sectors of the economy, creating a multiplier ...
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The agribusiness sector plays an important role in India's economy, accounting for 16.2% of the country's GDP in FY2024 and 7.9% of total exports in 2023 (calendar year format). The sector employed approximately 46.1% of the country's total workforce ...
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Thailand's finance and insurance sector generates nearly 9% of the country's gross domestic product (GDP) and employs some 470,000 people. In 2024, the sector remained on a solid footing thanks to strong capital buffers, ample liquidity coverage, and ...
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The Indonesian food and beverage industry plays a crucial role in driving growth within the manufacturing sector and the national economy. Food and beverage (F&B) manufacturing contributed nearly 7% to Indonesia's gross domestic product (GDP) in ...
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India possesses one of the largest food & beverage industries in the world as the country is a leading producer of rice, wheat, maize, sugar, soybean meal, soybean oil, coffee, banana, poultry meat, milk and shrimp, among other products. The food ...
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In recent years, the admission criteria for foreign banks have been gradually loosened. In 2018, China relaxed the rules on the operation of foreign banks, allowing them to set up branches and subsidiaries. In January 2024, the National Financial ...
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