Implementation of RFid in China is gaining momentum as the Government is laying extra emphasis on the country’s poor logistics infrastructure and the availability of cheap labor in China is attracting manufacturers from around the world. According to a study conducted by RNCOS, RFid market in China is growing at an exceptional rate and has already crossed the 1.6 billion RMB mark last year. The report also states that the major factors behind rapid development of RFid market in China are promotional factors and government support. It also says that Venture Capitalists must keep a keen watch on the market and there is enough room for new investors in the flourishing RFid market. It also states that companies in South China are unaware about the benefits of RFid and are hesitant to adopt it.



via [PR Minds]