Provided are a service
processing method, a network device and a storage medium, the method comprising: first performing 64B / 66B coding on a service
stream to obtain a 66-bit code block
stream, then
transcoding the 66-bit code block
stream to obtain a transcoded first code block stream, the bit number of the transcoded first code block being greater than 66, and the bit number of the transcoded second code block being greater than 66; the first code block stream after
transcoding is mapped to a first transmission container, the first transmission container is sent, the first transmission container comprises an overhead code block and a time slot code block, the bit number of the overhead code block and the bit number of the time slot code block are consistent with the bit number of the first code block after
transcoding, the overhead code block carries
overhead information, and the time slot code block carries time slot information; the time slot code block bears the transcoded first code block. According to the embodiment of the invention, the
transmission bandwidth of a single time slot can be improved, and the number of processed time slots can be reduced, so that the
data processing efficiency can be improved.