Opportunities in the barcode industry

JasonYoo

Opportunities in the barcode industry [Copy link]

The development of an industry not only depends on the power gathering within the industry, but more often it needs a suitable social and economic environment to give it opportunities. Our barcode industry is facing such a golden opportunity.
The government's promotion of
China's rapidly developing economy provides an infinitely broad market for the development of the barcode industry. The report of the 16th National Congress of the Communist Party of China clearly pointed out that "informatization should drive industrialization", so that the automatic identification technology represented by barcodes will play a huge role in the development of China's economy and social construction. At the same time, in July 2003, the State Administration of Quality Supervision, Inspection and Quarantine officially issued a document to approve the implementation of the "China Barcode Promotion Project", which will strengthen the social popularity of barcodes. The government's promotion will undoubtedly accelerate the development of China's barcode industry. The
development
of the market itself also provides good conditions for the continuous development of barcode technology. There are still many blank markets in the industry distribution of barcode applications in China that need to be filled. According to the data, the current industry distribution of barcode applications in China is 5.6% for food, 13.6% for daily necessities, 7.9% for clothing and shoes, 6.6% for health care, and 12.3% for other products. In developed countries, except for food, daily necessities, clothing and shoes, the application of barcodes should be more than 50%. This shows that there is a huge market space for the development of China's barcode industry. In addition, there are more than 5 million industrial and commercial enterprises in China, and the potential for developing system members is very large. There are nearly 400,000 state-owned large and medium-sized shopping malls in China. As far as shopping malls in the circulation field are concerned, the potential for developing application systems is very large. At the same time, there are a large number of industrial production enterprises, warehousing enterprises, transportation enterprises, financial enterprises, customs, medical and health care, etc. that need to build barcode application systems and electronic data exchange systems. In a broad sense, the construction and development of application systems in these fields can promote the informatization of the national economy, enhance China's national strength, and ensure that it stands among the nations of the world. The development of

formal new demand
enterprises requires the barcode industry to grow more rapidly. Here are just two examples to illustrate: First, the development of China's e-commerce and logistics industries at this stage provides a huge market for the promotion of the barcode industry. Judging from the development trends at home and abroad, the next development direction of e-commerce and logistics industry is GDS (Global Data Synchronization System). One of the basic data collection methods of this system is barcode. Enterprises that cannot use barcode technology correctly will be excluded from the international network economy. Second, thanks to the advancement of economic system reform, the management level of Chinese enterprises, especially large and medium-sized state-owned enterprises, has generally improved. In the recent asset inventory of several state-owned commercial banks' IPOs, barcodes have played a huge role. In the future, with the consolidation of state-owned assets and the advancement of rational work, barcode products will also play a greater role. [ip]