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In recent years, China's electric light source industry has experienced remarkable growth and development. The global center for lighting technology research, development, and sales is gradually shifting towards China, positioning the country as a major player in the world's lighting market. With its strong manufacturing base and increasing innovation, China is well on its way to becoming the largest producer and supplier of light sources globally. In 1990, the total output of electric light sources in China was 2.5 billion units, and by 2000, this number had more than doubled to over 5 billion. As a result, China has become the leading country in both production and sales of electric light source products. It's clear that China is not only a dynamic force in the global lighting industry but also a market with immense potential for future growth.
In 2006, the electric light source manufacturing sector in China showed impressive performance. From January to December, the total industrial output value of enterprises above a designated size reached 33.048 billion yuan, representing a 30.09% increase compared to the previous year. Sales revenue for products during the same period amounted to 31.973 billion yuan, up 32.08% year-on-year. Additionally, the total profit reached 1.821 billion yuan, reflecting a significant 40.65% growth.
Moving into 2007, the industry continued its upward trend. By November, the total industrial output value had reached 43.641 billion yuan, an increase of 40.81% compared to the same period in 2006. Product sales revenue rose to 41.686 billion yuan, up 37.51% from the previous year. The accumulated total profit for the year stood at 2.716 billion yuan, showing a 41.24% year-on-year increase. These figures highlight the rapid expansion and strong performance of China’s electric light source manufacturing industry.