The Banking-as-a-Service (BaaS) market in China is experiencing significant growth, valued at USD 20.56 billion in 2023 and expected to reach nearly USD 62.82 billion by 2030, with a robust CAGR of 17.3% from 2024 to 2030. This growth is fueled by technological advancements, the integration of AI analytics, and supportive regulatory policies. Key Drivers and Trends AI Integration: The …
HIKMICRO Hosts First Global Overseas Agent Conference, Unveils 2024 Strategies
HIKMICRO, a leader in outdoor optics technology, hosted its first Global 2024 Overseas Agent Conference in early July at its “House of Silk” headquarters in Hangzhou. The event welcomed global business partners and media to share the company’s “Grow Together, Explore Together” message. Showcasing Growth and Strategy During the conference, HIKMICRO revealed its 2024 overseas performance and strategic analysis, emphasizing …
China’s Vegetables and Fruits Market Set for Substantial Growth
The China vegetables and fruits market, valued at USD 1,344.8 billion in 2023, is projected to reach USD 2,398.5 billion by 2032, with a CAGR of 6.64% from 2024 to 2032. This growth is driven by increasing consumer demand for fresh and processed produce, changing dietary preferences, and rising health awareness. Advancements in agricultural technologies and logistics infrastructure are further …
Strong Export Prospects Boost ASEAN+3 Economic Outlook for 2024
The ASEAN+3 Macroeconomic Research Office (AMRO) has released its latest quarterly update of the ASEAN+3 Regional Economic Outlook (AREO), maintaining growth forecasts for the ASEAN+3 region at 4.4% for 2024 and 4.3% for 2025. The report highlights that favorable export prospects, firm domestic demand, and the continued recovery in tourism will bolster the region’s growth momentum. For 2024, the ASEAN+3 …
Tianjin International Shipping Industry Expo 2024 Opens to Global Audience
When the Tianjin International Shipping Industry Expo 2024 opened on July 10, over 400 shipping-related enterprises, ports, and industry associations worldwide gathered in Tianjin. The event aimed to explore new opportunities for the global shipping industry. Steve Gordon, global head of Clarkson Research Services Ltd., emphasized China’s crucial role, noting that 85% of global trade is seaborne, with China leading …