Wang Jinyu talks about the lighting industry in the Pearl River Delta under the financial crisis


Wang Jinwei, Chairman of China Lighting Association

The international financial crisis triggered by Wall Street has gradually affected China's real economy. China's modern economic development has been heavily concentrated in the Pearl River Delta. When the financial crisis hit, the chill was steep, causing a serious decline in foreign trade exports and a slowdown in economic growth. A large number of enterprises entered the operational period of the difficult day. As a gathering place for China's lighting electrical industry, the Pearl River Delta lighting electrical production and operation enterprises have also received unprecedented development challenges.

In the face of the overall economic depression, are we sitting still, or the Jedi counterattack? The crisis is temporary, and the long-term development of the economy and society is the same theme. The governments of Guangdong and the Pearl River Delta have successively issued favorable policies to save the city. Enterprises in various industries are also actively seeking breakthrough strategies. Our rise requires not only action but also direction guidance. In this issue of the Pearl River Delta, Professor Wang Jinwei, Chairman of the China Lighting Society, was invited to give a brief analysis of the development of the Pearl River Delta and the national lighting industry, and put forward practical development proposals.

Reporter: Since the second half of 2007, the financial crisis has spread to all aspects of the Chinese economy. The manufacturing industry in the Pearl River Delta has also been greatly damaged. In the development of the lighting industry, some people say that the era of shuffling in this industry has arrived. Some people say that it belongs to Normal business changes, but at the moment, the development of the Pearl River Delta enterprises is more difficult than ever. How do you come to know the current development of the lighting industry in the Pearl River Delta?

Wang Jinwei: Over the years, China's lighting industry has made great progress and progress, and China has become a major country in the production of lighting products in the world. In 2007, the total sales volume of China's domestic lighting industry reached 200 billion yuan, and the export volume reached 13 billion US dollars, with an annual growth rate of about 18%. China's lighting electrical appliance enterprises are mainly concentrated in the Pearl River Delta and the Yangtze River Delta. The number of enterprises and product sales in these two regions exceed 80% of the national total. Therefore, the lighting electrical appliance enterprises in the Pearl River Delta region have made tremendous contributions to the development of China's lighting industry.

With the advent of the world financial crisis, China's lighting electrical industry has also been greatly affected. Since the second half of last year, the growth rate of China's lighting electrical products has accelerated, which has become a prominent problem in the current and future development of the lighting industry. Among them, the lighting electrical appliance enterprises in the Pearl River Delta region are the first to bear the brunt, especially the majority of SMEs in this region are mainly export-oriented economies, which make their business and market dependence on foreign markets, and their products are strongly dependent on exports. Therefore, it will be affected by the financial crisis. Secondly, lighting electrical enterprises in the Pearl River Delta region put their own products on the OEM's OEM, and do not pay attention to product investment and management. Once the foreign companies' economic contraction, they directly affect the sales of their products. Thirdly, a large number of lighting electrical appliances enterprises in the Pearl River Delta region are mainly based on extensive management, and the operation and growth of enterprises rely on labor, material resources and capital investment. In the financial crisis, in order to survive, the cost of market development must increase substantially. The existence of these factors has made the lighting electrical appliance enterprises in the Pearl River Delta region have a difficult time in the financial crisis, orders have decreased, sales have declined, and many enterprises are in danger of closing down and shutting down.

These problems reflect the impact of the financial crisis on China's export-oriented lighting companies. The same light source enterprises will also be affected to a certain extent, but only for the lighting electrical appliances enterprises in the Pearl River Delta region, which is a national lighting electrical gathering place. prominent.


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