8 billion yuan financial subsidy policies to stimulate domestic LED lighting industry welcome development opportunities

Director of Chinese ring Committee He Xuemin said Chinese ring committee will be in the "12th Five-Year" period for 8 billion yuan from the central budget funds for the purchase of 4 million LED high road lighting products, at the same time will lead to not less than 3 billion yuan of local matching funds.

LED lighting products due to high prices, the demand for policy subsidies huge desire. Procurement plan at the national level, will greatly boost confidence in the industry, is expected to accelerate the recovery of the LED industry.

Data statistics, China Street stock in 28 million -3000 million. In recent years the number of new street lamps for 15% ~ 20%, about 3 million -600 million.

2010 LED street lamps and tunnel lights installed capacity of about about 500000, in 2011 the installed capacity of less than 1 million, an annual increase of more than 50%. We expect the policy to boost the 2012 LED street lamps will continue to grow at a high rate, the installation capacity of up to 1 million 500 thousand or more.

In accordance with the annual number of new street lamps for all LED lamps, each 1000-2000 yuan, the annual increment of 3 billion -60 billion yuan.