In the collapse of the wave through micro-enterprises last year, in 2012, government energy subsidy policies to stimulate China s LED lighting industry, or usher in a new round of development opportunities.
In order to achieve emissions-reduction targets, the NDRC has made it clear, in 2012 the Chinese government will spend 40 billion yuan for LED street lamps procurement, to provide 30% financial subsidy on the LED lights users. Guangdong the next three years, street lamp replacement LED light will also bring to the market of several hundred billion yuan. "12th Five-Year" period, Guangdong Province is China mainland GDP carbon dioxide emissions to decline to 19.5% from the March 1, 2012, Guangdong Province all financial investment in building the lighting project and new planning and development region in the field of public lighting shall be LED. There are many places start to implement the LED strategy. Governments are starting to implement policies to ban incandescent, LED layout lighting market in the next four years, the critical period.
2012 the global LED lighting market is expected to reach $ 11 billion, a 26 percent increase over last year; in 2015 to $ 19.2 billion, four-year compound annual growth rate of nearly 20%.
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