China LED subsidy policies-LEDinside

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2013-12-30

2013 Review: China LED Policies Show Excessive Subsidizing Trend

Good government policies can help propel an industry forward but bad ones can hinder development. Although China’s policies are aimed at developing the LED industry, the subsidies have gotten out of control recently, said LEDinside Director Roger Chu. These policies can pose long term issues for the LED industry, as the government continues to issue subsidies despite oversupply situations.

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