How to deal with LED industry under severe economic situation

Central bank for the third time this year to raise interest rates, improve loan benchmark interest rate 0.25%. In the face of monetary tightening, corporate financing difficulties, upgrading the industrial structure and other issues, Foshan entrepreneurs go from here? Ceramics, household appliances, lighting, furniture and other labor-intensive industries in Foshan, how to achieve economic restructuring?

Ministry of housing and Urban Rural Construction Policy Research Center Director Chen Huai, research fund Chinese reform National Economic Research Institute, Professor Fang Gang and other well-known economists "asked 12th Five-Year" BMW by the national activities of think tanks came to Foshan, the recent RMB interest rate hike, the transformation and upgrading of manufacturing industry, the financing of small and medium-sized enterprises and other hot issues of interpretation.

For small and medium enterprises financing difficulties in the coastal areas, or even collapse, Fang Gang think the problem lies in two aspects: first, human factors. In the past, some of the enterprises to promote the transformation of the structure of the decline in the manufacturing sector, some manufacturers see the stock market and the property market is relatively hot, put the money into the. In addition, the banks are tightening loans, reducing loans. Bank is not to provide long-term loans, it is to solve the problem of short-term financing, the development of SMEs should be direct financing. "

Fang Gang suggested that financing through investment funds, this is the most important channel. He believes that in recent years, angel investment from venture capital investment to PE to IPO, the PE national development, these private investment institutions is responsible for development of China enterprises, especially to the financing of small and medium-sized enterprises will be of great help. Small and medium enterprises concerned about the proposed PE investment, to make some equity, expand financing channels. "

LED industry to manufacturing positions

Eastroc ceramic Limited by Share Ltd chairman He Xinming Fang Gang and Chen Huai agrees, he believes that the transfer of Foshan ceramic enterprises in the process, some of the strength and size of enterprises in Foshan, which makes the contraction in bank monetary policy, Foshan ceramics not be affected, "Foshan has 340 ceramic enterprises, after migration only 68. 2011 Foshan is the best performance of all ceramic enterprises in the region, we increase the added value of products, increase R & D investment. "He believes that ceramic does not mean pollution, as we will use the most advanced new equipment, new technology. Especially in environmental protection to improve the requirements, so do not worry about the ceramic industry has become a sunset industry.

Snow Wright photoelectric Polytron Technologies Inc chairman Chai Guosheng said, LED industry is facing challenges, China production of energy-saving lamps more than 80%, and for energy-saving lamp fluorescent powder material, the most important price 90%, this phenomenon is unprecedented. This may take a before the transformation of the industry to. "The price of an energy saving lamp is 15~20 times the price of ordinary 8W bulbs, and many technologies need to be developed. "

In addition, Chai Guosheng believes that, in the automotive lighting inside, headlight technology is still very immature, the future LED have the opportunity to emerge in many occasions. But LED's bubble is very serious. Many companies have invested in the semiconductor industry, the future of technology matures, the world can survive no more than ten. For the development of LED, we will have a positive attitude, in a responsible manner, in their own areas of confidence to continue to do. "