With the maturity and popularization of RFID technology, the Chinese government has realized that the application of RFID technology will bring positive effects to the development of many industries, and has accelerated the formulation of relevant policies and the pace of promoting the development of the RFID industry. my country has formed a complete industrial chain of RFID low-frequency and high-frequency and a spatial layout dominated by Beijing, Shanghai and Guangdong. In recent years, China's relevant government departments have continued to increase policy support for RFID, creating a good growth environment for the development of RFID. With the further maturity of technology and the further reduction of cost, the application of RFID in China has gradually spread from government-led projects to all walks of life.
At present, RFID has been widely used in many fields such as transportation, retail, clothing, food, logistics, intelligent manufacturing, security, medical care, entertainment, and personal information.
In China's RFID application market share in various fields, financial payment accounts for 21.2% of the market, becoming the first segment of China's RFID industry market. Secondly, it also occupies more than 10% of the market share in the applications of identification, traffic management and military and security.