China Industry Reports

China's healthcare system is hospital-centric, and most of the inpatient and outpatient care in the country is delivered by public hospitals and basic medical institutions. On the other hand, due to the growing demand for specialised healthcare and ...

According to Deloitte, China has been the second largest pharmaceutical market after the US since 2017 and had a market share of 11% in the global pharmaceutical market by the end of 2022. According to the National Bureau of Statistics (NBS), the ...

In recent years, China has been opening its financial services market to global investors and gradually easing access restrictions on foreign financial institutions. Insurance is at the forefront of the country's financial market opening. Since ...

In 2023, China's total retail sales rose by 7.2% y/y to RMB 47,150bn, mainly boosted by the country's relaxation of pandemic-related restrictions since end-2022 and the effective consumption stimulating policies during 2023. Due to the crucial role ...

The construction sector, characterised by its extensive supply chain and substantial investments, is regarded as one of the pillars of China's economy. In recent years, the slowing pace of macroeconomic growth in China has underscored the increasing ...

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 ...

The real estate sector is a major pillar of China's economy and plays a crucial role in the country's economic growth. In 2023, the added value achieved by the real estate sector reached RMB 7,372bn, accounting for 5.8% of the GDP. In addition, the ...

China's automotive sector continued to rank first globally in terms of production and sales in 2023. According to the statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...

In recent years, the admission criteria for foreign banks have been gradually loosened. In 2018, China relaxed the conditions regarding the operation of foreign banks, allowing them to set up branches and subsidiaries. In January 2024, China's ...