National strategy drives the development of LED full-color screen

2023/04/02

The national strategy drives the development of full-color LED screens. As an important export product of our country, full-color LED screens have created great wealth for my country's GDP. The strategy of the Belt and Road Initiative in the past two years can continue to create more development for LED display manufacturers. In terms of space, we see that the construction of ports, logistics distribution centers, and transportation in countries along the route will further stimulate the demand for LED full-color screens. It is said that from 2014 to 2016, the total trade volume of "leading the way" between China and the country has exceeded 3 trillion US dollars. China has invested more than 50 billion US dollars in various countries on the basis of the "One Belt, One Road" initiative.

Chinese companies have established 56 economic and trade cooperation zones in more than 20 countries, creating an income of about US$1.1 billion and 180,000 job opportunities. Most countries along the "Belt and Road" are developing countries, and many industrial markets are blank. The market of the LED display industry is like raw jade waiting to be carved.

Emerging markets represented by Russia and Southeast Asia are the new blue ocean for our LED full-color screen exports. A prosperous prelude to the first half of 2017, we look forward to a brilliant second half of the year. 2017 is a year of steady development of the LED full-color screen industry.

With the strategic opportunities of the "Belt and Road", the continuous penetration of overseas markets and the continuous development of the domestic market, the passion for the LED full-color screen industry has become increasingly strong. According to statistics: In 2016, the global LED full-color screen market size was 16 billion US dollars, and the market size in 2020 will reach 31 billion US dollars. On the other hand, with the development of technology and the acceleration of globalization, China's LED full-color screen industry has not only applied technology, but also become an important part of the global LED full-color screen industry in terms of market share.

In 2017, with the deepening of the globalization process and economic strategy, the "lead the way" will continue to advance, and the export of our LED full-color screen industry will be vigorously promoted. Although belts and roads are not exclusive terms for LED full-color screens, LED full-color screens have gained a lot of room for development in the main environment of belts and roads. For the ever-expanding LED full-color screen industry in China, there may be a "1 + 1"> 2” effect.

The construction of "Leading the Road" has taken an important step, and the next step is to make solid progress. Chinese LED display manufacturers still have a long way to go. Let us look forward to the wonderful performance of the LED full-color screen industry.

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