China is the world's second-largest economy and is a major manufacturing hub for many foreign corporations. Since its reform and opening-up 40 years ago, China has undergone a significant transformation. The nation has witnessed tremendous growth in recent decades, and so as in the Chinese logistics market.

China Freight and Logistics Market has expanded steadily in recent years however, the production stagnation during the Covid-19 lockdown has severely affected China logistics market. China is leading not only in the global logistics market but also in providing logistic solutions technologies, all due to huge China Logistics Industry Infrastructure investment opportunities and the execution of the Belt and Road Initiative (BRI), which aims to overcome "bottleneck logistics." On the other hand, "Made in China" and "Created in China" are reshaping China's international reputation for quality and service.

According to the State Post Bureau, China express logistics market is gaining after the virus outburst and handled over 83 billion packages in 2020 with an increase of 30.8 % year on year.

According to the China freight and logistics market report published by Makreo Research, In terms of revenue, in 2019 the logistics industry's total revenue rose by 9% YoY to Yuan XX trillion. The contribution rate of industrial logistics demand has slowed further, while domestic logistics demand has benefitted overall China logistics industry.

Container Shortage: A critical container shortage is pushing up shipping costs and delaying the delivery of goods purchased from China. The rising cost and container shortage is affecting international shipments and inversely affecting Freight and Logistics market.

During the COVID-19 outbreak, the government realized to uplift the Logistics Infrastructure Development in China. According to the China Federation of Logistics and Purchasing (CFLP), the overall value of social logistics in China from January to February 2020 is RMB XX trillion, an 11.8% decrease from the same period last year.

In these two months, China's total logistics freight volume was XX billion tonnes, a 19.8% decrease from the same period last year. The volume of road freight decreased by 24.8%, the volume of water freight decreased by 14.8%, the volume of air freight decreased by 13.8%, on the other hand, the volume of railway freight increased by 1.4%.

Disruption of Logistics Network: China's logistics capacity was severely depleted. Extensive regulations imposed by the Chinese government to combat Coronavirus not only reduce the virus's spread but also invariably cut off the transport network.

To know more, please refer to the link https://www.makreo.com/report/china-logistics-industry-covid-19-impact-and-outlook-to-2026

Moreover, Massive changes are on the way for the logistics market in China. It may be the best scenario, with new business opportunities arising, or it could be the worst-case scenario, with traditional models gradually being phased out. Several logistics companies in China are beginning to nourish transportation ecosystems in to provide integrated services, funding is encouraging in particular places and businesses, and the government is paying very close attention to forms of transport other than road. With the rise of "new retail" and "consumption upgrading," as well as starting to emerge digitalization, China logistics industry is also at a crossroads. In China, the demand for logistics has shifted away from purely cost-effective warehousing and transportation services to towards smart supply chain solutions.

The report published by Makreo Research and Consulting study China Logistics Market COVID-19 Impact in detail and also assess China Logistics Future Revenue. The report covers Logistics Infrastructure Development in China with a detailed analysis of all modes of transportation (Road, Rail, Sea, Air). Third party logistics and Express logistics market performance help to find the future scope of development by assessing the present growth rate.

Key Questions Answered

• What is the present scenario of China logistics market and what impact COVID-19 has left over the industry performance?
• What all factors are contributing in the industry growth and what restraints are impacting industry performance?
• How the industry is segmented and which segment has a dominant role to play?
• How different modes of transportation are performing?
• Which segment offers high growth prospects and what are the key forces?
• How industry reacted to COVID-19 and what impact will it leave over industry future performance?
• Who are the leading players and what is their present state of financials and business development?
• To evaluate economic environment of the country and major macro-economic factors accounting for shift in the market performance.

Related Reports - 

https://www.makreo.com/report/thailand-car-rental-market-future-outlook-to-2026-self-drive-to-propel-growth

https://www.makreo.com/report/philippines-logistics-and-freight-forwarding-industry-future-outlook-to-2027-covid-19-impact-assessment

https://www.makreo.com/report/india-logistics-and-freight-forwarding-industry-covid-19-impact-outlook-to-2027

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Kolkata, West Bengal (release-news ) February 3, 2022 - As a top CSP provider in India, Pay Point India offers a compelling solution while adding value to its stakeholders. Their solution provides consumers a quick and easy, single stop access to a wide array of services. Consumers can purchase or make payments for almost any fast moving consumer service, like Utilities, Travel, Cinema, DTH / Mobile Recharge, Banking & Financial services.



When asked about their company, the spokesperson said, "Pay Point India is a well-known CSP provider having 15+ Years of experience in standard professional services. Every household consumes numerous essential services like electricity, gas, water, landline, banking, mobile phones, etc. Besides these, households also need services with discretionary spending like DTH, travel, entertainment, remittance / money-transfers, financial services, etc. India, the largest democracy with over 250 million households, is witnessing enormous growth in the services industry. While new services are being introduced, the consumer base of the already offered services is growing at a steady pace. The process of availing and making payments for these services is often cumbersome and time-consuming due to the lack of an effective and sufficient service delivery channel. Pay Point's solution capitalizes on this enormous need, which will continue to grow in view of the under-penetration of the offered services, growth of the service sector and increase in spending power of the average consumer."

At Pay Point India, a consumer can apply online CSP and get the convenience of accessing a wide array of services at a Pay Point Shoppe in his neighborhood either free of cost or at a nominal fee.

"A service provider is able to better service their current sub-base of consumers and reach millions of prospect consumers through thousands of Pay Point outlets across the country. A retailer earns a substantial income (commission) by facilitating these transactions and better connecting the consumers and the service providers. Millions of consumers have used the Pay Point convenience to reach 60+ service providers through over 47,000+ Pay Point Retail outlets", added the spokesperson.

Pay Point India's mission is to bring convenience to the consumer's doorstep, enabling them to access a diversified range of services through a vibrant delivery mechanism. They make use of leveraging technology that connects the middle and low-income groups and providing world-class service. If you are willing for CSP registration online, then don't waste your time, just do it now!

About Company

As a top CSP provider in India, Pay Point India offers a compelling solution while adding value to its stakeholders. A consumer gets the convenience of accessing a wide array of services at a Pay Point Shoppe in his neighborhood either free of cost or at a nominal fee. Visit https://www.paypointindia.org.in/.

Contact Details

Contact Name: Arif Alvi

Address: Commercial Branch, Topsia, Near Thisah Karma Building, Kolkata, West Bengal, India, 700046

Phone Number: +91 7450804660

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Ajax, On, 25–Jan–2022 - Connecting GTA releases a document stating how networking events are beneficial to your business. Networking events serve to interact with other business enthusiasts to enhance business growth. Networking events take place in many forms. Knowing about the strategies of the same kind of business people and implementing them can lead your business to great success. By attending networking events, you can gather valuable tools and pieces of information to lead your business to the path of growth. Additionally, networking events serve as a stepping stone for the evolution of a startup business. Networking events are underpinned by the desire to bring together business people striving to reach their goals. Networking events usefully help in making contact with people who may be able to share their knowledge. By utilizing the knowledge you gather after attending a networking event, you can successfully run your business. Connecting GTA provides opportunities through business networking events in GTA.

While speaking to the company's spokesperson, he listed the few benefits of attending a networking event. Connecting GTA conducts business networking events in Toronto. He explained how to build a relationship with like-minded people by utilizing the networking event. Embrace opportunities to increase your confidence, to meet your financial needs. Extending your circle of influence will allow you to stay up-to-date on trends. Information on current trends can assist you in developing the best marketing strategies for your business, letting you outperform your competitors. Networking events are learning opportunities. By getting bits of advice and plans from industrial giants, you will get inspired and motivated to take your business to the next level. Some business people use this opportunity for marketing their products. Networking provides immense opportunities for you to learn from others and to lend a helping hand to people you meet.

You will be able to get ideas and strategies for your business by attending more networking events. Connecting GTA bestows incredible business networking events in Toronto for business people.

About the company
Connecting GTA is a networking club that organizes networking events by bringing together all business people in one place. CGTA has a team of professionals motivating and inspiring the business people.

Contact
Suresh Kumar
Connecting GTA
676 Monarch Avenue
#10, Ajax,
Ontario L1S 4S2
This email address is being protected from spambots. You need JavaScript enabled to view it.
416-917-7617
https://www.connectinggta.com/

SGS, the world’s leading testing, inspection and certification company, is reminding stakeholders that Saudi Arabia has postponed the implementation of its restriction of hazardous substances (RoHS) technical regulation for electrical and electronic (EE) equipment.

The Saudi Arabian Standards, Metrology and Quality Organization (SASO) published its RoHS for EE (SASO RoHS) on July 9, 2021. It was originally scheduled to come into effect on January 5, 2022, but, following a meeting of the Conformity Steering Committee on December 5, 2021, it has now been postponed for a further six months. After this, implementation will be conducted in stages with the following mandatory enforcement dates:

• July 4, 2022 – small electrical home appliances
• October 2, 2022 – large electrical home appliances
• December 31, 2022 – information and communication technology equipment
• March 31, 2023 – lighting equipment
• June 29, 2023 – EE tools and equipment
• September 27, 2023 – games, entertainment devices and sports equipment
• December 26, 2023 – monitoring and control tools

Under SASO RoHS, EE products must meet relevant requirements before entering the Saudi market. These include the following substance limits:

• Lead (Pb): 0.1% wt.
• Mercury (Hg): 0.1 % wt.
• Cadmium (Cd): 0.01% wt.
• Hexavalent chromium (Cr(VI)): 0.1% wt.
• Polybrominated biphenyls (PBB): 0.1% wt.
• Polybrominated biphenyls ethers (PBDE): .1% wt.

SASO RoHS also requires conformity assessment, so that any supplier placing EE equipment onto Saudi markets is responsible for obtaining a certificate of conformity issued by a notified body approved by SASO, such as SGS, in accordance with the Conformity Assessment Form (Type 1a) as per ISO/IEC 17067. The product must also be accompanied by a technical file that includes supplier (manufacturer/importer) Declaration of Conformity, risk assessment document, the necessary warnings, cautions and manuals for the safe and proper use of the product.

SGS RoHS Services

Through a global network of laboratories and our requirements experts, SGS offers advisory services on requirements and compliance solutions to support companies affected by RoHS legislation, be it for conformity assessment or risk management in the supply chain. In the end, it’s only trusted because it’s tested. Learn more about SGS’s RoHS Services.

SGS SafeGuardS keep you up to date with the latest news and developments in the consumer goods industry. Read the full Saudi Arabia Postpones the Implementation of SASO RoHS SafeGuardS.

Subscribe here to receive SGS SafeGuardS direct to your inbox.

For further information contact:

Ethan Zhang

Technical Supervisor, EET RSTS

Tel: +(86) 574 8776 7006 ext. 6007

Email: This email address is being protected from spambots. You need JavaScript enabled to view it./">This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.sgs.com/ee

LinkedIn: sgs-consumer-goods-&-retail

​About SGS

We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for quality and integrity. Our 93,000 employees operate a network of 2,600 offices and laboratories, working together to enable a better, safer and more interconnected world.