China's largest supplier of LED lighting into Russia

"In lighting products, China has been Russia's largest supplier. The day before, Russian Federation's Chinese business office representative Grew Jeff (Gruzdev Alexey) said at the "Russia and the CIS countries lighting market analysis and Channel Strategy Conference" when, along with Russia's accession to the WTO, released incandescent ban schedule, this year the Sochi Winter Olympics and the 2018 World Cup, led by Russia for LED lighting facilities in great demand, Russia is very much welcome the strong enterprises in Guangdong to participate in public institutions in Russia and CIS countries, large industrial and mining enterprises, sports stadiums and other LED renovation projects.

According to Grew Jeff introduction, the rapid development of the Russian LED industry last year, the growth rate of 250%, which accounted for LED lighting lighting industry in Russia, the market share of 10%. Data show that in 2013 the lighting market, the Russian LED bulb sales of 1 billion, sales of 40 billion rubles. As the Russian government introduced a series of measures to promote energy-saving lamp source, is expected to 2016, LED lighting lighting market share of the Russian lighting industry will increase to about 35%.

Guangdong Institute of strategic development of emerging industries Dr. Li Wenyu introduction, last year, China's exports to Russia and CIS countries LED products totaling $800 million, of which Russia accounted for 75.74%. Chinese LED products in the Russian market accounted for more than 40%.

"We are very encouraged to develop advanced enterprises in China to russia. A lot of China enterprises to invest in the development of business in Russia, worried about the investment environment, tax, legal protection, the Russian government in recent years in the process of reform and opening up to do a lot of work, in the company registration, investment banking services, tariffs and other aspects have greatly improved. Grew Jeff introduction, in order to attract foreign investment in Russia, to provide a series of preferential policies.

"In my opinion, the preferential policies provided by Russia are more favorable than those in china. "Grew Jeff believes that because Chinese begins early, but there are a lot of special economic zones and development zones in the value-added tax, tax and other preferential policies have been canceled, while Russia is now actively promoting these policies.

He said that if companies registered to set up factories in Russia, on the basis of providing preferential conditions, the government will allocate a certain amount of funds to support the different regions have different policies. For example, at least five years to waive the cost of land use fees, general income tax is 20%, in order to encourage Chinese enterprises to set up factories in Russia, the proportion may be adjusted. In addition, the simplification of administrative management, shorten the approval process, reduce approval procedures, etc., many of the local government's attitude is also more active. "

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