China's RFID industry revenue is about 12 billion yuan in 2010

On September 8, Zhang Qi, deputy director of the Electronic Science and Technology Committee of the Ministry of Industry and Information Technology, expressed at the China Strategic Emerging Industries and Instrumentation Development Forum in 2010 that China’s RFID industry revenue exceeded 8.5 billion in 2009 and is expected to reach 12 billion in 2010.

“The promotion of RFID applications by the Gold Card Project ranks third in the world in terms of the demand and scale of RFID in China, second only to the United States and the United Kingdom. In 2009, China’s RFID industry exceeded 8.5 billion yuan in revenue, and is expected to reach 12 billion yuan in 2010. "Zhang Qi said.

She said that with the continuous expansion of the RFID market, in 2009, the Expo, smart transportation, electricity, logistics, and food safety have been newly applied. In the past seven years, the RFID industry has been driven by the government's Gold Card project to drive the change in market demand. China's RFID industry still has a very large market potential.

At the perception level of the Internet of Things, RFID is the most important sensory technology product. In 2004, the State incorporated the application of RFID into the Gold Card Project and established an application work consisting of 24 ministries and commissions and 30 pilot cities. group.

RFID, or radio frequency identification, is also called electronic tagging.

In 2005, the China RFID Standards Working Group was established and involved 125 companies. With the approval of the Ministry of Civil Affairs and the Ministry of Information Industry, the RFID Industry Alliance was established in the same year and 300 companies participated.

In 2006, the Ministry of Science and Technology, together with 14 ministries and commissions, jointly promulgated the White Paper on China's Radio Frequency Identification (RFID) Technology Policy. Fifteen ministries reached a consensus on the application of the Internet of Things in RFID and jointly pushed forward.

In 2007, the Ministry of Information Industry issued the "Regulations for the Application of Radio Frequency Identification (RFID) Technology in the Frequency Band of 800-900 MHz", which is linked to international standards.

In 2009, the National Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Public Security, the Ministry of Industry and Information Technology, the Ministry of Construction, the Ministry of Health, the Ministry of Transport, and the Ministry of Railways respectively issued relevant policies for the Internet of Things (RFID) applications.