individual buyers participating in the four shows

And a participating official of the mainland’s National Development and Reform Commission, disclosed that the mainland will begin on July 1 this year to prohibit imports, production and sale of high-power incandescent bulbs in the mainland, with the ban on low-power incandescent bulbs to be in force later. Assessments on the practice will be made in 2015 to provide the grounds for phasing out the bulbs rated above 15 watts beginning on Oct. 1 2016.Additionally, the mainland’s Ministry of Finance this year alone will spend RMB2.2 billion to replace one million traditional streetlights and tunnel lights as well as 10 million spotlights and recessed downlights with Led high bay lighting , hospitals, schools, harbors, train stations, state-run mining companies, and on roads.

These policies make both two sides achieve a win-to-win situation. Shenzhen’s LED makers get a good opportunity for providing LED replacements for the incandescent bulbs in the mainland. And mainland Chinese enterprises also gain a chance to invest in Shenzhen’s LED business except holding dominant stakes for the first time.According to co-organizer Photonic Industry Technology & Development Association (PIDA), Shenzhen Photonics Festival 2012, which was composed of co-located Opto Shenzhen, LED Lighting Shenzhen, Solar Shenzhen and OptoComm Shenzhen shows, over US$1.5 billion of deals had been secured at the four shows.

PIDA pointed out that over 660 individual buyers from 30 countries and regions registered in advance to visit the shows this year, increasing 41% from 2011. However, over 2,500 buyers showed up at the fairs in the first two days. Mainland China organized procurement missions with a record number of around 500 individual buyers participating in the four shows. Also, mainland Chinese organized 31 exhibitors to take part in the four shows this year.This year, a total of 253 exhibitors displayed their latest products at 797 booths at the four shows this year 150W led tunnel light, respectively, from the 2011 event. Another impressive fact is that 50% more mainland Chinese exhibitors participated in the show this year, compared to 2011.Of the four shows, the LED lighting event alone drew around 40 light-fitting buyers from some 10 countries, including the United States, Germany, Japan, South Korea, Singapore, India, Turkey, White Russia, and Thailand.