In March, the annual "two sessions" came as scheduled, 2,214 CPPCC members and 2,943 people's congress representatives gathered in Beijing to discuss the development of the country and discuss the national affairs. At the scene of the two sessions, reporters frequently asked questions about the "supply-side reform". This is the key discussion topic for the delegates this year.

On March 5, Premier Li Keqiang pointed out in the government work report that efforts should be made to strengthen supply-side structural reforms, focus on capacity, inventory, leverage, reduce costs, supplement short-term boards, strengthen people's livelihood security, and effectively prevent and control risks. Efforts will be made to achieve a good start for economic and social development during the 13th Five-Year Plan period. Under the new economic normal, the supply-side reform is transforming from “high-frequency words” to “road maps” for governments and enterprises to clarify specific reforms.

China's LED lighting industry has maintained a growth rate of more than 30% in the past 10 years. In 2015, the growth rate of the overall economic development fell below 20%. The entire industry has experienced a series of problems such as overcapacity, fierce price competition, low profits, homogenization of products, and lack of order in the market. The LED industry still faces enormous difficulties and challenges such as weak industrial innovation capability, structural overcapacity, and the need to improve the industrial development environment.

The central government has taken the supply-side structural reform as the focus of economic work this year. In the five major reform tasks, “de-capacity” has been put in the first place, and local governments have also adopted “de-capacity” as the focus of work in 2016. In the background of the fiercely competitive LED lighting industry, the price war caused by overcapacity is intensifying. Only by adjusting its own development direction, facing the new normal of the economy and improving the efficiency and ability of the company to operate, can the industry develop positively. This time, the supply side reform has provided new opportunities and directions for the development of the LED lighting industry.

Accelerate structural adjustment and change the way of development

General lighting has become the most fierce "Red Sea" in the lighting market, but other areas of the LED industry have yet to be developed and improved. Smart lighting, visible light communication, LED plant lighting, automotive lighting and other sub-sectors are more fragmented; "high-margin" niche market technology needs to be broken, and the terminal market has yet to be opened. The LED industry should speed up the adjustment of industry and product structure, diversify and diversify excess capacity; actively develop production capacity in line with market demand, from scale expansion to focus on quality and efficiency; for family-owned production units that “respect only production, regardless of quality” We must resolutely crack down, thereby improving the overall level of development of the industry.

Insist on encouraging innovation and revitalizing the new vitality of the industry

The current state calls for public innovation, entrepreneurship, and the importance of innovation is reflected in all aspects of the LED lighting industry. Channel innovation reduces intermediate links and directly opens up the channel between enterprises and consumers, which helps to alleviate overcapacity in the industry; product innovation helps enterprises to jump out of the trap of product homogeneity in the industry; innovation in enterprise management model can help enterprises Going out of the dilemma of rising operating costs; innovations in financing channels, such as the current online financial financing P2P platform, can enable companies to obtain more financing channels. Adhere to encourage innovation, encourage research and development, and apply new technologies, which will help to renew the new vitality of the LED industry.

Improve industry system and strengthen industry management

Due to the low barriers to entry in the LED industry, in the past few years, a large influx of capital has occurred, and oversupply, gross margins have fallen sharply at all ends of the industry chain, and many manufacturers are facing losses or even elimination. According to incomplete statistics, there were 4,000 LED companies disappearing in the market in 2015. In 2016, the supply and demand relationship of the LED industry will be eased, and overcapacity will become more apparent. We should give full play to the guiding and restricting functions of planning, policies and standards, strictly enforce access conditions, strengthen industry access management, improve the industry monitoring system and over-capacity warning system, and strengthen and improve industry management.

Promote mergers and acquisitions and accelerate the elimination of "zombie enterprises"

It is reported that this year's government work report puts forward specific requirements for industrial development, and strives to resolve excess capacity and reduce costs and increase efficiency. Strictly control new capacity, resolutely eliminate backward production capacity, and orderly withdraw excess capacity. Take measures such as mergers and acquisitions, debt restructuring or bankruptcy liquidation, and actively and steadily handle "zombie enterprises."

Miao Wei, Minister of Industry and Information Technology, said that it will promote the orderly exit of inefficient production capacity, actively and steadily handle “zombie enterprises”, encourage conditional enterprises to cross-industry and cross-regional mergers, and vigorously support the development of small and micro enterprises, and continue to promote Reform measures for the combination of political decentralization and management.

Lens Caps

Lens Caps,Lens Cover,Camera Lens Cover,Camera Lens Cap

SHAOXING COLORBEE PLASTIC CO.,LTD , http://www.fantaicolorbee.com