B2B drives market demand, with B2B spending representing 76.2% of total demand in 2020. Industrial & Commercial Bank of China Ltd is the largest company in China, generating 12.6% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 46.1% of total turnover in 2020. The total number of companies increases in 2020, to 367,868 units. The costs of the industry increase by 4.8% in 2020, largely driven by rising labour costs. The industry’s profitability increases and stands at 27.4% of turnover in 2020, the 16th highest in the region. With turnover of USD887 billion, China accounts for 48.5% of the Asia Pacific total in 2020.
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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
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