The overview of Hongkong lighting industry: "self assembling" booming market

Lighting products, of Hongkong export variety, including table lamp, bedside lamp, floor lamp and portable lamp. The other main products are wall lamp and ceiling lamp, chandeliers, lighting and decorative lighting equipment, such as a Christmas tree with a complete lighting, lamp etc.. First half of 2016, total exports fell 12% year-on-year in Hongkong lighting products. During the period, while Hong Kong exports to the United States increased, but exports to the EU is pale. The characteristics of industry Hongkong lighting industry exports a variety of lighting products, generally used for residential decoration and lighting Home Furnishing. The largest export categories including portable battery operated lamps, such as flashlights, portable incandescent lamp, lantern, and outdoor sports, and / or diving with LED lights. In addition, there are many companies operating desk lamp, desk lamp, bedside lamp and floor lamp business. Other export categories include wall lamps and chandeliers, ceiling lamps, lighting equipment and lighting decoration, such as Christmas tree with a complete lighting, lamp etc.. The lamp shade and manufacturing material is plastic, die-casting, metal, glass, ceramic and polished crystal copper etc.. The neon lights, some companies and production of advertising or interior decoration lighting and lighting brand signs. Most of the Hongkong lighting products manufacturers have to relocate to China mainland, Hongkong office is mainly responsible for product development, marketing and logistics support. They usually do product design, plastic injection molding, vacuum coating, enamel coating and assembly process. In view of the changing market, technology progress, Hongkong companies are mainly to respond quickly, in order to provide efficient service for customers. Many businessmen have to further strengthen the quality and environmental management system, to obtain ISO 9000 certification and ISO 14000 certification, quality management system standards are internationally recognized and environmental management system standards. Hongkong lighting products export performance in the first half of 2016, total exports fell 12% year-on-year in Hongkong lighting products. The main products, including electric lamps and lighting equipment, discharge lamp and battery operated portable lamps with exports fell. European Union and the United States are the largest market in the list, to the two products together accounted for about half of total exports of Hongkong lighting products. In the first half of 2016, while Hong Kong exports to the United States increased, but exports to the EU is pale. Distribution channels Hongkong lighting manufacturers are mostly overseas importers and distributors of production, including Europe and the United States well-known brands. Due to the increasingly fierce competition, the pace of expansion of ODM beyond OEM, become the main business of Hongkong lighting company. A handful of lighting products manufacturers and traders also sell their own brand or trademark. Large importers and distributors of regional hardware and groceries Hongkong lighting company also sell products directly to overseas. Some companies with overseas buyers Hongkong sourcing office transactions. Some big companies in Hongkong more direct sales of products to large retailers in North America and Europe, such as hypermarkets, supermarkets and chain stores, and some are composed of small retailers purchasing groups or cooperatives, in order to reduce the level of distribution and related costs. In recent years, overseas importers and distributors tend to frequent a small batch orders, and delivery of goods in a relatively short period of time, to reduce the inventory. The company and part of Hongkong to restructure its procurement and production management system, in order to shorten the manufacturing cycle and cost saving, to meet market demand. Some large trade exhibition for Hong Kong businessmen to provide an opportunity to promote their products, for example, at the Chicago International Exhibition of household appliances and Home Furnishing (International Home and Housewares Show), Cologne International Hardware Exhibition (Cologne International Hardware Fair DIY) and Japanese household goods shopping center exhibition (Japan DIY Homecentre Show). Organized by the Hongkong Trade Development Council Hongkong International Lighting Exhibition is another important activity for Hong Kong businessmen to display products to overseas buyers. CEPA terms since the "mainland and Hongkong Closer Economic Partnership Arrangement" (CEPA) since the third stage implemented in January 2006, all originating in Hongkong to enter the mainland tariff free products. According to the established procedures have not yet entered into the rules of origin of CEPA products, the Hongkong manufacturers to apply, and in accordance with the agreed rules of origin of CEPA, will be able to enjoy zero tariff. Generally, suitable for Hongkong products CEPA origin criteria include: (1) tariff changes; (2) the specific manufacturing or processing operation in Hongkong; and (3) in accordance with provisions of "ad valorem percentage", namely the product FOB (FOB) at least 30%, and the final manufacturing or processing the process is completed in Hongkong. In addition to the cost of raw materials and labor costs, the cost of product development in Hongkong can also be included in the ad valorem percentage in. In April 1, 2012, if the content of value-added products in Hongkong has reached 15% or more, Hongkong manufacturers can put the mainland originating from raw materials and components cost calculation in value-added in percent. In accordance with the relevant provisions of technology market overseas technology Hongkong company can meet most of the overseas market, including the U.S. UL/ETL certification or similar product safety regulations, and the relevant EU directives and regulations of CE safety signs. Other similar provisions are still in Canada CSA safety standard. As for the China in the mainland market sales of products, must comply with the "3C" (commonly known as China mandatory product certification or CCC) quality and safety regulations. On the other