A sector is a general segment of the economy that contains similar industries. An economy can be broken down into about a dozen sectors which can describe nearly all of the business activity in that economy.Economistscan obtain an understanding of the economy by looking at each sector. There a...
A sector is a broad part of the economy made up of businesses that are engaged in the same or related activities. Dividing an economy into sectors helps economists analyze the economic activity within each sector.Sector analysisreveals which are expanding and which are contracting. In economics, ...
In the low-altitude economy sector alone, the market size is estimated to surge from over 500 billion yuan in 2023 to 2 trillion yuan by 2030 as the country accelerates the development of unmanned aerial vehicles for tourism and logistics activities, among other uses. Moreover, China has unvei...
In the low-altitude economy sector alone, the market size is estimated to surge from over 500 billion yuan in 2023 to 2 trillion yuan by 2030 as the country accelerates the development of unmanned aerial vehicles for tourism and logistics activities, among other uses. Moreover, China has unvei...
What is manufacturing? Manufacturing is the process of transforming raw materials or components into finished products. It’s a crucial sector of the world’s economy, contributing trillions of dollars to world trade annually and employing millions. From its humble origins in the Stone Age, ...
Pan said in March that the average RRR of China's entire banking sector is 7 percent, and there is still room for further RRR cuts. The central bank also underscored the use of structural monetary policy tools, including a special relending facility worth 500 billion yuan to support sci-tec...
In this sector, raw materials are transformed into finished or semi-finished products. It includes various industries, such as automobile manufacturing, textiles, electronics, machinery production, chemical manufacturing, and construction. This sector is vital for the economy’s industrial base. It is ...
When you ask “what does the public sector of a smart city look like,” you should begin with “what does digital government look like?” You may not think of your interactions with government as digital, but advances in technology have unlocked the doors to state houses and city halls in...
Casale, Jeff
A series of recent policy measures sent a clear signal that China is firmly committed to expanding opening up. For example, the country announced that it will remove all restrictions on foreign investment access in the manufacturing sector, and five new measures are already facilitating the entry ...