After the start of 2016, the movement in the LED industry has begun to increase. Some companies that produce LED lighting fixtures report that in recent years, due to fierce competition and overcapacity, companies are getting more and more sad. Hearing this, the author could not help but be confused. LED is a strategic emerging industry in the eyes of the people, "Bai Fumei" and "Gao Da". Many families in China still have "early adopters" in the future, how can they "have not seen the beautiful, has become a 'leftover woman' "?" LEDs are called fourth-generation light sources and offer unparalleled advantages over traditional light sources. However, it is surprising to check the information. As early as 2013, there was a saying that the LED industry had overcapacity, and LED lighting entered a period of rapid growth in China, and it was not a few years. Reminiscent of similar encounters with the "surplus female crisis", as well as the photovoltaic industry. China's photovoltaic industry has experienced great development after the global financial crisis. In many places, photovoltaics have been supported as a new type of strategic industry, and a large number of enterprises have invested heavily. However, after two years, there was a serious "overcapacity". Some leading enterprises closed down, and many enterprises and capitals that entered later, the money was invested, the factory was built, and the bow did not turn back, and the losses were heavy. From a realistic point of view, the domestic market potential of LED lamps in China is huge. Whether it is the addition of home buyers, the use of stocks, or the use of light sources in public places, there is a need for replacement of lamps. The lack of traditional energy reserves also makes the market for emerging energy such as photovoltaics broad. The reason for the “premature decline†of emerging industries is the result of the neglect of the “supply side†reform. For the development of emerging industries, it is right to protect the production enterprises at the beginning, but later, we cannot encourage production and ignore the consumer market. In particular, some industrial policies in the past, supporting production, supporting technology, and supporting supply, often neglect demand, resulting in a serious imbalance between supply and demand in the market. For example, LED, many places subsidize the production enterprises, but there is no subsidy to encourage consumers to buy and use. When Europe and the United States promote the use of energy-saving lamps, subsidies are consumers, because the expansion of the consumer market, conduction, will promote production. To increase the "supply-side" reform of innovation, we cannot simply choose to list several industries as emerging strategic industries to support them, but to encourage innovation and encourage the application of new technologies. For example, Internet technology, all industries can be reformed through the "Internet +" approach, including those labor-intensive industries can significantly increase productivity. Innovate production methods, change the relationship between supply and demand, and thus enhance international competitiveness. Let the supply side reform keep up with the actual needs of consumers, in order to make the traditional industry rejuvenate, so that emerging industries will not be "premature." Hallway Ceiling Lights,Rustic Ceiling Lights,Brass Ceiling Lights,Glass Ceiling Lights GUANGDONG LAVIUS LIGHTING CO., LTD. , https://www.laviuslighting.com