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 National Development and Reform Commission has made clear, in 2012 the Chinese government will spend 40 billion yuan for LED street lamps procurement, LED street users to provide 30% financial subsidy. Guangdong the next three years will be street lights to replace the LED lights will also bring hundreds of billions in the market. "12th Five-Year" period, per unit of GDP of Guangdong Province carbon dioxide emissions to achieve the goal decreased by 19.5% from the March 1, 2012, Guangdong Province, all financial investment in the construction of the lighting project and new planning and development area , used 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%.