Over 10 billion investment in Jiangxi Xinyu launches China's outdoor lighting capital project

On the 28th, the signing ceremony of the Xinyu “China Outdoor Lighting Capital” project and Baijia Lighting Enterprises was formally launched. After five years of efforts, the outdoor lighting industry will be built into the city’s three pillar industries: steel, new energy, and new materials. The fourth-largest sales exceeded 100 billion in the pillar industries. At this launching ceremony, 107 outdoor lighting companies officially signed up for settlement in Xinyu. The contractual investment reached 8.05 billion yuan.

It is reported that the "China Outdoor Lighting Capital" project has a total planned area of ​​7,500 mu and a total investment of over 10 billion yuan. It plans to develop through five years, and will increase the sales revenue of outdoor lighting industry by 100 billion yuan and tax revenue by more than 3 billion yuan. The fourth-largest sales after the new energy and new materials exceeded 100 billion yuan in the pillar industries.

According to reports, in order to further optimize the industrial structure and cultivate new economic growth points, the Xinyu Municipal Party Committee and the Municipal Government have made strategic decisions based on high-tech zones, vigorously developing outdoor lighting industry, and building China's outdoor lighting capital. The Xinyu Industrial Cluster is prominent, and the development of the outdoor lighting industry can make full use of the basic advantages of the steel industry and photovoltaic industry already formed in the city, production raw materials, and technical processes to achieve interactive development.

At the same time, Xinyu is one of the eight demonstration cities for the comprehensive reform of fiscal policy for energy conservation and emission reduction in China. The outdoor lighting industry is one of the benefits industries. As long as it meets the requirements of national policies, it can apply for projects and receive appropriate central financial subsidies. At present, Xinyu adopts a supporting first-line approach, lighting related supporting service agencies have settled down, coupled with a wealth of human resources, good location transportation and a sound logistics system, providing a solid foundation for the development of outdoor lighting industry. The city has also formulated a series of preferential incentive policies in areas such as land, taxation, finance, and technological innovation to fully support the development of outdoor lighting companies.

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