Friday, April 23, 2021
Tags Services sector

Tag: Services sector

Services Sector Expected to Account for 60% of GDP by 2025

The latest data from China's National Bureau of Statistics points to an ongoing expansion in the service sector's share of economic output. Ning Jizhe (宁吉喆),...

Caixin Services PMI Hits Three Month High

The services sector purchasing managers index produced by leading Chinese financial publication Caixin has breached a three month high for the month of August. The Caixin...

Services Sector Contribution to Chinese GDP Growth Rises to 59.1%

The latest official data indicates that China's services sector has further expanded its contribution to economic growth and employment. Figures released on 19 July by...

Caixin’s Services Sector PMI Up for the First Time in 2017

The services sector PMI produced by leading Chinese finance publication Caixin has posted its first gain for the year in May. The reading for service sector PMI...

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Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...

20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...

National Fiscal Revenues in China Rise over 24% in First Quarter

China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...

Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...