Guangdong Province still regards LED industry as the focus of sustainable development in 2011

Recently, the Guangdong Provincial Economic and Information Technology Committee held the "Twelfth Five-Year Plan" work meeting, which announced the eight major expected goals. During the “12th Five-Year Plan” period, the Guangdong Provincial Government will provide 2 billion yuan each year, and a total of RMB 10 billion in provincial financial funds to support the development of strategic emerging industries including high-end new electronic information, LED, and new energy vehicles.

In 2010, the total output of the 11 strategic emerging industries such as high-end new electronic information, LED, and new energy vehicles in Guangdong reached 111.15 billion yuan, an increase of 19.5% year-on-year, and an added value of 288.3 billion yuan, an increase of 19.7% year-on-year, accounting for the entire province. 14.6% of industry. In 2011, as the first year of the 12th Five-Year Plan, it will continue to adjust and optimize the industrial structure, formulate and implement an action plan to speed up the construction of a modern industrial system, and cultivate and develop strategic emerging industries. The key breakthroughs in the near future include high-end new electronic information, LED, and new energy vehicles.

In addition, given that currently 60% of large and medium-sized enterprises in Guangdong Province do not have R&D institutions, a new “20% increase in R&D expenditures for large and medium-sized industrial enterprises” will be added, mainly to assess and guide the needs of industrial transformation and upgrading and structural adjustment and optimization.