China’s LED Lighting Market Driven by Desire to Save Money and Energy

According to the China Securities Journal, China’s market for light-emitting diodes (LEDs) for commercial applications, such as lighting up establishments like malls and offices, is continually opening up in the country, this despite a number of problems affecting the industry.

Guangzhou Hongli Opto-Electronic Co., Ltd. chairperson Li Guoping, notes that the promotion and adoption of LED lights has so far been the strongest for commercial buildings, malls and business offices. Not surprisingly, this follows a worldwide trend of offices and malls being the first to recognise LEDs for their benefits, despite being more expensive than conventional light sources.