Guangdong intends to provide 600 million yuan subsidy LED lighting

July 2010, Guangdong intends to arrange special funds for subsidies for 3 consecutive years, the province's LED (LightEmittingDiode, light emitting diode, has advantages of energy saving, high brightness) lighting applications, the total amount of subsidies will reach 600 million yuan.

In June 8th, the "financial" reporters from soliciting the views of the enterprise is still in the "people's Government of Guangdong Province, some opinions on speeding up the development of LED industry (Draft)" (hereinafter referred to as the "opinions") was informed of the above information.

Opinions mentioned that by 2015, Guangdong will build a global LED packaging center and the largest production base.

Opinions pointed out that from July 2010 to June 2011, Guangdong will be approved in accordance with the price of 30% LED light subsidies, subsidies totaling about $300 million, each city is not more than 50 million yuan. July 2011 to June 2012, according to 20% of the price of LED lighting subsidies, subsidies totaling about $200 million, each city is not more than 30 million yuan. July 2012 to June 2013, according to 10% of the price of LED lighting subsidies, each city does not exceed $20 million.

"Finance" reporter was informed that these subsidies are selected in the city of Guangdong urban lighting products demonstration project.

Opinions also raised the Guangdong LED industry doubled a year, three years of development, the goal of a big leap of five years. According to the plan, by 2012, the total output value of Guangdong LED and related industries will be more than 300 billion yuan, the output value of over $1 billion of enterprises will reach more than 50.

At present, the scale of the industry in Guangdong, LED is the largest, more than 2600 LED enterprises, in 2009 the total output value of 39 billion yuan, the growth rate of more than 25%.