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The State Council tightens taxation and other incentives to subsidize the performance of large LED companies will return to their original shape

Time:2023-07-12 Views:1

In fact, there have been calls to cancel LED chip subsidies. Many people in the industry believe that the LED subsidy policy has given rise to false prosperity and led to serious overcapacity. In September this year, Chen Yansheng, vice chairman and secretary-general of the China Lighting Association, stated at a forum that, in terms of the responsibilities of government departments, they should no longer provide various subsidies.