Market Research Store releases a new market research report "Financial IC Card Market 2013 in China: Industry Analysis, Trends, Size, Demand, Growth, and Forecast 2016" to add to its collection of research reports.

Deerfield Beach, FL -- (SBWire) -- 09/28/2015 --Market Research Store releases a new market research report "Financial IC Card Market 2013 in China: Industry Analysis, Trends, Size, Demand, Growth, and Forecast 2016" to add to its collection of research reports.

China Financial IC Card Industry Chain Report, 2013-2016 of Sino Market Insight forecasts that by 2016 China will issue a total of 1.6 billion financial IC cards.

Do Inquiry For Sample Before Purchasing Report: http://www.marketresearchstore.com/report/china-financial-ic-card-industry-chain-report-2013-2016-21203#requestSample

As of the first quarter of 2013, China has issued a total of 192 million financial IC cards, including a net increase of 66 million in Q1. The annual growth is expected to be 200 million. According to the requirements of the People's Bank of China and China UnionPay, in 2013 financial IC cards among new bank cards shall achieve a penetration rate of about 30%.

The development of financial IC card Market in China is primarily policy-driven. On March 15, 2011, the People's Bank of China issued the PBOC's Opinions on Promoting the Application of Financial IC Cards, which stimulated the transformation of national bank equipment to support financial IC cards, and required the ATMs of national commercial banks to accept financial IC cards by the end of 2012, and all networking GPTs that accept bank cards to accept financial IC cards by the end of 2013.

Seen from the promotion of financial IC cards, the People's Bank of China required ICBC (Industrial and Commercial Bank of China), ABC (Agricultural Bank of China), BOC (Bank of China), CCB (China Construction Bank), BOCOM (Bank of Communications), CMBC (China Merchants Bank) and POSB (Post Office Savings Bank) to issue financial IC cards before the end of June 2011; national commercial banks must also issue financial IC cards since January 1, 2013. By 2015, basically all banks should have issued financial IC cards, and mostly can only issue financial IC cards.

This report mainly includes eight chapters and 80 charts, covering the following content:

- Development overview of China's financial IC card industry chain, consisting of China's financial IC card development, industry policies, industry chain analysis, etc.;
- Promotion overview of China's financial IC card, involving China's financial IC card issuance, banks' issuance planning and acceptance environmental reform, etc.;
- Detailed introduction to China's overall financial IC card industry chain companies, such as chip vendors (NXP, Tongfang Guoxin Electronics, Nationz Technologies), card vendors (Eastcom Peace, Hengbao, Tianyu Information, etc.), system integrators (YLZ, Newcapec Electronics, Neusoft Corporation, etc.), card reader vendors (Xinguodu, SZZT, Newland, etc.).

About Market Research Store
Market Research Store is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Market Research Store is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading publishers and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.

Contact US
Joel John
3422 SW 15 Street, Suit #8138,
Deerfield Beach, Florida 33442, USA
USA Tel: +1-386-310-3803
GMT Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: sales@marketresearchstore.com
Web: http://www.marketresearchstore.com/
Blog: http://allglobalandchinareports.com/