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The nineteen major mention of "building a modern economic system", LED industry opportunities or challenges?
Time:2017-10-26
Editor: leaf article          source: www.led-100.com
The 19th National Congress of CPC
In October 18, 2017, the party's nineteen major issues were successfully convened. On behalf of the eighteenth Central Committee, President Xi made a report to the General Assembly entitled "winning a decisive victory, building a well-off society in an all-round way and seizing the great victory of socialism with Chinese characteristics in the new era". Among them, the report put forward the construction of modern economic system for the first time, and pointed out that this is the urgent requirement of crossing the pass and the strategic objective of our country's development. Adhering to the principle of development of the fundamental policy by the government, the policy direction will for many LED display enterprises what are thinking, and reveals what signal?
Signal 1: China's economic development from high speed growth stage to high quality development stage;
The nineteen report points out that China's economy has shifted from a high speed growth stage to a high quality development stage, and is in the key period of changing the development mode, optimizing the economic structure and transforming the growth momentum.
The actual situation in the past two years the LED display market products, we can see the full range of products to enhance the quality and performance of the terminal market is obvious, some "low-quality" products have been gradually eliminated by the market, from the product point of view, the current LED display industry is also in slowly by the "high speed" to "high quality", from "growth" to "development".
As Tsinghua University professor Bai Zhongen said: "the growth is the total economic growth, development and connotation richer, its essence is to meet the people's increasing need to better life, to achieve a more balanced development more fully." In recent years, along with the terminal customers more and more mature, for the selection of products is also more rational thinking, to distinguish between the price and the quality of the balance, thus choose their own products instead of being cheap lure. This also warns a lot of LED screen enterprises, and then from the long run, quality, and actively guide the enterprise's products and market development focus to the pursuit of quality and efficiency.
Signal two: improving the quality of supply system has become the main direction;
One side is part of overcapacity, the industry is big but not strong; one is the high cost of the products can not meet the needs of consumption, going abroad, in the needs of the people from there to "good", the supply side can not adapt to the demand of the upgrading of contradictions more prominent.
The above mentioned is also the development problem that our LED display industry is facing. As everyone knows, Chinese LED display industry accounted for almost half of the country the proportion of the world, but in some of the core of soft power, such as international brand, customer service service and patent technology and products was weak, so as to further expand the international market, deep LED display supply of our side structural reforms to do subtraction to low-end production the development of new products, technology, "addition", increase investment in technological innovation "multiplication", China's LED display industry supply and demand can better match the terminal market.
Signal three: the focus of economic development on the real economy;
The innovation ability is not strong, the real economy level needs to be improved, the finance is empty and the talent structure is out of balance...... Become a prominent problem restricting the sustainable development of China's economy. The report points out that in order to build a modern economic system, the focus of economic development should be put on the real economy.
LED display manufacturing industry as part of the real economy in China in recent years, in the weak market demand, the real economy decline in profitability and increased manufacturing costs such as background, once entered a period of downturn, even the industry many listed companies are financing difficulties, financing expensive, it also restricts the structure adjustment, LED display industry upgrading and innovation development. Now with the policy to guide capital and all kinds of elements to revitalize the real economy, cohesion force, which for the LED display screen industry development is great historical opportunity, is conducive to promoting China's industrial growth of high quality LED display along the track.
Signal four: innovation has become the leading force for development;
The report points out that innovation is the first motive force to lead the development and the strategic support for building a modern economic system.
Innovators are innovators, innovators are innovators, and innovators are winners. In recent years, with more and more enterprises and small screen, LED display industry homogenization problem is increasing, a large number of screen enterprises get together, a lot of screen enterprises' income does not increase profits "phenomenon, innovation and transformation has become a necessary choice for many enterprises of the screen. Whether the listed enterprises or small and medium-sized manufacturers, screen, almost all devoted themselves to this field with vigour and vitality transformation tide, and this is not limited to a product, technology, including business management, market management and channel development, the upstream and downstream industry chain coordination, after-sales service, brand strength optimization etc.. Only by comprehensively improving the comprehensive strength of the screen enterprises can we stand firm in this innovation competition.
In the nineteen report, we can clearly see that a broader market is opening up. With the construction of modern economic system is thorough, China depth into the world economy, it will also greatly benefit China LED display industry internationalization development, which means more opportunities, but also means a greater challenge!
(source: www.led-100.com)

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