B2B drives market demand, with B2B spending representing 71.9% of total demand in 2023. Industrial & Commercial Bank of China Ltd is the largest company in China, generating 10.9% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 40.7% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry increase by 2% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 27.4% of turnover in 2023, the 17th highest regionally. With turnover of USD1.1 trillion, China accounts for 49.4% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Monetary Intermediation in China: ISIC 651. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Monetary Intermediation in China: ISIC 651 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of insurance and pension funding, monetary intermediation.
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