Market Analysis and Policy Design of LED Industry in Jiangsu Province
Guo Gang Jiang, Di Wang, Jing Chen
Abstract
Guo Gang Jiang, Di Wang, Jing Chen
Abstract
Jiangsu’s LED industry has some bottleneck such as the low capacity of upstream R & D and the lack of core technology and other issues. This paper argues that the key to LED industry develop in Jiangsu Province is establish a relatively sound government guidance mechanism, and put forward the system strategies from the angle of government subsidies, technological innovation, financial supporting, human resources training and international exchange, so that can promote LED industry development in Jiangsu Province, seize the top technology in domestic and international, foster the new economy growth in Jiangsu Province from long-term, achieve emission reduction target, and realize sustainable economy and society development in Jiangsu Province.
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Jiangsu’s LED industry has some bottleneck such as the low capacity of upstream R & D and the lack of core technology and other issues. This paper argues that the key to LED industry develop in Jiangsu Province is establish a relatively sound government guidance mechanism, and put forward the system strategies from the angle of government subsidies, technological innovation, financial supporting, human resources training and international exchange, so that can promote LED industry development in Jiangsu Province, seize the top technology in domestic and international, foster the new economy growth in Jiangsu Province from long-term, achieve emission reduction target, and realize sustainable economy and society development in Jiangsu Province.
Key concepts: Bottleneck, Subsidy, Business, Government (linguistics), Sustainable development, Industrial organization, Economics, Market economy