China Credit Card Market Expected To Continue Growing In The Next Few Years
Posted by China Sourcing CommentatorAug 9
China Credit Card Market Outlook Report 2013 (http://www. Bharatbook. Com/Market-Research-Reports/China-Credit-Card-Market-Outlook-to-2013. HTML) provides a comprehensive anal & # XFC, R-USI Chinese credit card market.
China’s credit card market has reported remarkable growth over the past few years, albeit growing from a small base. The country issued more than 50 Million credit cards during 2008, taking the total number of credit cards in circulation to over 150 Million. These numbers are projected to continue growing in the next few years, despite the current economic crisis, says “China Credit Card Market Outlook to 2013″ a new report. Â
Factors like rapidly growing middle class, government support and low penetration of credit cards in China are anticipated to drive the future numbers; however, the pace of growth may slow down. Foreign banks will seek to play a more important role in the competition in the domestic market over the forecast period. This is largely due to that the current industry structure is dominated by the state-owned banks such as Industrial and Commercial Bank of China (ICBC), China Merchants Bank and China Construction Bank. Â
“China Credit Card Market Outlook to 2013″ provides extensive research and rationale analysis of the credit card industry in China. The report thoroughly examines the current industry trends which are adding to the growth of the Chinese credit card industry. Forecast in this research has been done considering the possible impact of recession on the industry. In this regard, the report will help clients to have proper insight of the current and future outlook of credit cards market in China. Â
This report also gives the following details :
1 Analyst View2 Economic Overview3 Credit Card Industry Performance and Future Outlook   3. 1 Number of Cards   3. 2 Type of Bank Card   3. 3 Card Issuer   3. 4 Outstanding Credit Line   3. 5 Number of ATMs and POS4 Industry Analysis   4. 1 Favorable Demographics   4. 2 Shift towards e-Shopping   4. 3 EMV based Smart Cards   4. 4 Foreign Banks Extending their Reach   4. 5 Government Initiatives5 Competitive LandscapeÂ
Contact us at:Bharat Book BureauTel: 91 22 27578668Fax: 91 22 27579131Email: info@bharatbook. comWebsite: www. bharatbook. com
Article Source:China Sourcing Blog
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