The "Opinions on the Development of Semiconductor Lighting Energy-saving Industry" has created a more favorable policy environment for the rapid development of China's LED industry chain. Under the impetus of policies, China's LED industry has risen rapidly, but at the same time, the negative impact of the investment boom under the guidance of China's policies. It gradually came to light. Although there are a large number of domestic LED companies, most of them are small in scale, weak in technical foundation, lack of funds, and generally walk at the lowest end of the industrial chain.
A stone provokes a thousand layers of waves, Yangzhou City financial subsidy policy for the LED lighting industry will end in July 2011. What caused the chain reaction is that local governments that have also introduced similar subsidies policies are also observing whether they need to follow up. According to the Finance Bureau of Yangzhou City, subsidies for MOCVD equipment do not continue indefinitely, but the time for the suspension is still being discussed.
He Zaihua, a senior research fellow at China Investment Consulting Group, pointed out that although the development of the LED industry is driven by technological progress, among the external factors, policies are the most important factor affecting the development of the industry. Since the beginning of industrial development, various countries have successively introduced a series of supportive policies for the LED industry, which have enhanced the speed of industrial development through laws, regulations, and financial subsidies.
In terms of policy support, China also has many macroeconomic policies. On October 12, 2009, the six ministries and commissions including the National Development and Reform Commission, the Ministry of Science and Technology, and the Ministry of Industry and Information Technology jointly formulated the "Opinions on the Development of Semiconductor Lighting Energy-saving Industry." According to the “2010-2015 China Semiconductor Lighting (LED) Industry Investment Analysis and Forecast Report†released by the China Investment Advisor, China, the United States, the European Union, and Japan have all launched a series of supporting policies for the LED industry. The manifestations are: formulating laws and regulations restricting the use of traditional light sources; subsidizing enterprises or families using LED lamps; funding research and development units that are dedicated to improving the efficacy of LED lighting. Under the support of policies and the support of downstream demand, the domestic LED industry chain is rising. In 2009, the total scale of China's LED industry has reached 82.7 billion yuan.
In recent years, the policy support of China's LED industry has mainly focused on investment promotion by local governments. Local governments usually use land preferential policies, tax relief policies, equipment subsidies and other measures to introduce LED companies, these policies have greatly reduced the company's pre-investment costs, with a large number of preferential policies, Yangzhou, Wuhu and other places successfully laid out the LED industry chain. According to the current investment model, if the policy is loosened, the new layout of the LED industry will inevitably undergo a major change.
A stone provokes a thousand layers of waves, Yangzhou City financial subsidy policy for the LED lighting industry will end in July 2011. What caused the chain reaction is that local governments that have also introduced similar subsidies policies are also observing whether they need to follow up. According to the Finance Bureau of Yangzhou City, subsidies for MOCVD equipment do not continue indefinitely, but the time for the suspension is still being discussed.
He Zaihua, a senior research fellow at China Investment Consulting Group, pointed out that although the development of the LED industry is driven by technological progress, among the external factors, policies are the most important factor affecting the development of the industry. Since the beginning of industrial development, various countries have successively introduced a series of supportive policies for the LED industry, which have enhanced the speed of industrial development through laws, regulations, and financial subsidies.
In terms of policy support, China also has many macroeconomic policies. On October 12, 2009, the six ministries and commissions including the National Development and Reform Commission, the Ministry of Science and Technology, and the Ministry of Industry and Information Technology jointly formulated the "Opinions on the Development of Semiconductor Lighting Energy-saving Industry." According to the “2010-2015 China Semiconductor Lighting (LED) Industry Investment Analysis and Forecast Report†released by the China Investment Advisor, China, the United States, the European Union, and Japan have all launched a series of supporting policies for the LED industry. The manifestations are: formulating laws and regulations restricting the use of traditional light sources; subsidizing enterprises or families using LED lamps; funding research and development units that are dedicated to improving the efficacy of LED lighting. Under the support of policies and the support of downstream demand, the domestic LED industry chain is rising. In 2009, the total scale of China's LED industry has reached 82.7 billion yuan.
In recent years, the policy support of China's LED industry has mainly focused on investment promotion by local governments. Local governments usually use land preferential policies, tax relief policies, equipment subsidies and other measures to introduce LED companies, these policies have greatly reduced the company's pre-investment costs, with a large number of preferential policies, Yangzhou, Wuhu and other places successfully laid out the LED industry chain. According to the current investment model, if the policy is loosened, the new layout of the LED industry will inevitably undergo a major change.
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