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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Credgenics, India's leading technology-enabled debt recovery and legal automation Software-as-a-Service (SaaS) platform, received the prestigious NASSCOM Emerge 50, an eminent award in the software products industry. Credgenics, the constantly growing debt recovery platform, also received a special recognition of being included in the NASSCOM Emerge 50’s ‘League of 10’, as the only fintech company in the list.

The NASSCOM Emerge 50 platform recognizes and honors India’s finest emerging software product companies that have displayed innovation, grit and resilience in the face of adversity. Over the last 12 years, NASSCOM Emerge 50 awards represents India’s finest software product companies that are solving real global problems.

After due diligence and comprehensive deliberation by 85+ jury members including product leaders, investors, entrepreneurs and industry leaders, the esteemed bench chose Credgenics as one of the Top 50 #WorldClassFromIndia winners out of 700+ companies that were considered.

Commenting on this recognition, Rishabh Goel, Co-founder and CEO, Credgenics said, “We are pleased to be recognized by NASSCOM for our efforts in building India’s leading SaaS platform for addressing NPA challenge in the BFSI sector. This award is a recognition of the efforts of every member of the Credgenics team, who worked tirelessly to make the company what it is today. I am proud of our team and am looking forward to the new milestones we have set our sights on.”

Credgenics works with over 50+ Banks, NBFCs and digital lending firms, helping them with end-to-end debt recovery solutions. Founded in 2018 by Anand Agrawal, Rishabh Goel, and Mayank Khera as a legal solution provider, today the company helps with end-to-end debt collections through a mix of AI-led digital communications, litigation services, an integrated payments platform, and a feet-on-street app for collections agents. This comprehensive collections setup has brought increased transparency for lenders and helped streamline collections efforts, thereby improving lenders' recovery rates and enabling higher cost efficiency.

About Credgenics:

Co-founded in 2018 by IIT-Delhi Alumni and eminent lawyers Rishabh Goel, Anand Agrawal, and Mayank Khera, Credgenics, is India's leading technology-enabled platform for resolution of non-performing assets for BFSI and fintech lending. The automation-first, analytics focused platform is robust, highly efficient, transparent, and cost-effective. Its intelligent system and case tracking tools manage and track loans from the instance of default till the final resolution stage. Credgenics also reduces human efforts with digital-first communication, drafting and tracking of legal notices sent via speed post and tracking of legal cases filed in court in an automated manner with relevant reminders. NBFCs, Banks, ARCs, and fintech lending start-ups can improve their collection efficiency using technology, automation intelligence, and legal services. Credgenics currently works with 2200+ lawyers and collection partners.

For editorial queries, please contact: Kritika Singh at This email address is being protected from spambots. You need JavaScript enabled to view it.; 8826906271

Lynbrook, NY -- Weiss Auctions burst into the New Year with a two-day, two-session sale on January 26th and 27th, with many lots sailing past their high estimates. A NASA photo signed by German-born American engineer Dr. Wernher Von Braun sold for $14,400, while a collection of 1916-1930 Standing Liberty quarters soared to $161,000. Prices include the buyer’s premium.

“2022 started just as 2021 ended – with a strong auction, one that topped $600,000,” said Philip Weiss of Weiss Auctions. “Day 1 featured historical memorabilia, Hollywood collectibles and advertising. Day 2 was dedicated to stamps and coins. In all, we registered more than 3,000 bidders for the online-only sale. Next up is a comic and comic art sale slated for February 23rd.”

The NASA photo signed by Wernher Von Braun had a conservative pre-sale estimate of $400-$600, but bidders fought fiercely for the 11 inch by 14 inch color photo showing a view of the Earth from the Apollo 8 spacecraft in orbit around the moon. It was inscribed, “To Dr. Herbert Friedman with highest regards, Wernher Von Braun.” The photo was the top earner of Day 1.

While in his 20s and early 30s, Dr. Von Braun worked in Nazi Germany's rocket development program. He helped design and co-developed the V-2 rocket during World War II but was never charged with any war crimes. To the contrary, he was secretly moved to the United States, along with 1,600 other German scientists, engineers, and technicians, as part of Operation Paperclip.

The collection of 1916-1930 Standing Liberty quarters, missing only the 1927-S quarter, was expected to bring six figures and it did not disappoint, besting the $120,000 high estimate by another $40,000. The circulation issue set was PCGS graded and was listed as one of the top ten sets on the PCGS/NGC Registry (under “EMPIREAA”). It was the auction’s overall top lot.

Following are additional highlights from the auction. Internet bidding was provided by Weiss Auctions’ updated website (www.WeissAuctions.com) with Next Lot for interactive bidding. Bidding was also available through LiveAuctioneers.com and Invaluable.com. Telephone and absentee bids were also accepted. All prices quoted in this report include the buyer’s premium.

Another Day 1 lot that stormed past its pre-sale estimate (of $100-$200) was a group of 15 Russian military medals, representing various dates and events, that was sold on behalf of the New York County Public Administrators Office, from the estate of Rene Fuss. Once again, eagle-eyed bidders and collectors pounced on the group, driving it to a final price of $11,500.

A circa 1570 close helmet – approximately 14 inches tall and almost certainly English, possibly attributed to an Earl – sold within estimate for $9,300. Close helmets were worn by knights and other men-at-arms in the Late Medieval and Renaissance eras. They were a fully enclosing helmet with a pivoting visor, used by pistol-armed cuirassiers into the middle of the 17th century.

An archive of material pertaining to American actress Lillian Gish (1893-1993) changed hands for $6,325. Included were expired passports, invitations, many letters to-and-from (including Ronald Reagan, Roddy McDowell, Patricia Nixon, John Gielgud and others; an Audrey Hepburn letter; a letter and photos from Eva Marie Saint; a letter from Sir Alec Guinness; and more.

Lillian Gish’s acting career spanned 75 years, from 1912 (in silent film shorts) to 1987. She was called “The First Lady of American Cinema” and is credited with pioneering fundamental film performance techniques. She had a leading role in the highest-grossing film of the silent era, D. W. Griffith’s The Birth of a Nation (1915). Her final film was The Whales of August (1987).

On to Day 2, where the runner-up top lot to the Standing Liberty quarters collection was a stamp album filled with MNH (mint, never hinged) United States stamps, from the years 1855-1959. The album, from the South Bay Collection, went for 15,500, against an estimate of $8,000-$12,000. The stamps were collected as listed in Scott: blocks of four, panes, strips and more.

A fabulous estate cover collection of 19th to mid-20th century stamps, housed in a three-drawer file, finished at $10,050. Included were examples from South and Central America, Europe and Asia – no British covers, but a nice selection of 1920s-1950s European first day covers, 19th century European covers, 1950s-1960s European first day covers, and flight and zeppelin covers.

A lot of five Morgan silver dollars, all from the Carson City, Nevada Mint and dated 1881-1885, each one graded highly at MS66, gaveled for $8,475 against an estimate of $4,000-$6,000. Morgan silver dollars were minted from 1878-1904, in 1921, and beginning again in 2021. The coin was named after its designer, George T. Morgan, and today is highly prized by collectors.

For more information about Weiss Auctions and the Comic & Comic Art auction slated for Wednesday, February 23, visit www.WeissAuctions.com.