Released on = February 2, 2007, 2:47 am

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = The government of China has stressed on the significance of
the development of RFID (Radio Frequency Identification) that could have
considerable influence on supply chain management and result in increased efficiency
of procurement operations.

Press Release Body = RFID is basically an identification technology that needs the
data stored on its tags, which can then be distantly monitored by means of radio
waves. RFID transponders can replace barcodes as they can be employed on both
animate and inanimate objects and can eradicate differences in inventory records.

There is a vast scope of RFID use in China as its retail industry is booming that
could use RFID tags to scale down the inefficiencies prevailing in supply chain
management.

The Big Daddy of retail, Wal-Mart, has already made public that its suppliers have
to place RFID tags on consignments and the Company has considerable operations in
China. The most recent Five Year Plan of China puts forth several benefits to RFID
tags, including providing cost savings and provision of accurate and relevant data.

As per a Research Analyst’s view at RNCOS, who has recently researched a
report on “RFID - Outlook China”, China is aware of the role RFID tags
can play in improving the competence of manufacturing and supply chain management
and data collection. Considering the vast variety of potential applications and the
power it has to cut the supply chain costs significantly, the RFID market is
anticipated to record an exponential growth in China in the coming years.

The market research report also addresses the facts and issues that are critical to
your success in RFID market in China, like:

-- Insight into market trends
-- RFID product market in the world
-- Growth sectors and identify factors driving change
-- Potential of RFID in various vertical segments such as Retail and Manufacturing
sector
-- RFID Market segmentation in China
-- Competitive environment and market leaders
-- Opportunities, key challenges and strategies
-- Key Players in the market
-- Future prospects of growth

The report further discusses the current and anticipated future market for RFID
technology in China. It explains the government policies and the approach government
takes towards RFID development in the country.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today’s globally competitive environment.

For more information visit: http://www.rncos.com/Report/COM27.htm
Current Industry News: http://www.rncos.com/blog

Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
Ph- 91-11-4214-1229
info@rncos.com