LED Point Light
Amusement Park Rides Light
Our other products range:LED Underground Light, LED Underwater Light, LED Wall Washer Light, LED Linear Light , LED Outdoor Flood Light, LED Garden Light , LED landscape light , LED Strip Light , LED Step Light etc.
RGB LED Point Source,Building Decoration Start Light,LED Outdoor Point Light,Star LED Point Source SHENGYA LIGHTING TECHNOLOGY CO., LTD. , https://www.syalighting.com
China is facing a persistent challenge in its economic transformation due to overcapacity across key industries, including steel, coal, and most chemical sectors. This issue has not only hindered growth but also created pressure on profitability and resource efficiency. Among the six listed chlor-alkali companies, Nanning Chemicals and Xinjiang Tianye reported losses in 2012, highlighting the sector's vulnerability. More recently, the quarterly results for chlor-alkali chemicals revealed a drastic 97.65% year-on-year decline in first-quarter profits, signaling deep-rooted problems within the industry.
Meanwhile, the steel sector continues to struggle with a cycle of increasing production but decreasing profitability. Despite five consecutive quarters of losses, output levels have kept rising, reflecting an imbalance between supply and demand. This trend underscores the urgent need for structural reforms to address inefficiencies and prevent further financial strain on enterprises.
In response, many industries are actively seeking solutions to reduce excess capacity. Market-driven approaches, such as encouraging mergers, promoting technological upgrades, and fostering innovation, are seen as more sustainable methods compared to traditional regulatory interventions. At the same time, government authorities must rethink their development strategies and refine policies to prevent unnecessary duplication of projects. By aligning regulations with long-term economic goals, policymakers can help guide industries toward more balanced and efficient growth. The path forward requires both proactive policy adjustments and a stronger emphasis on market mechanisms to ensure sustainable development.
· Ferris Wheel, Merry-Go-Round, Pirate Ship, Pendulum, Bumper Car, Rotor and so on.
Stage Decoration Light
· KTV, Disco, Bar, Night Club and other stage light.
Commercial Light
· Hotel, Shopping Mall, Theater, Square and so on.
Kids Ride Decoration
· Castles, Robot, Mini Carousels, Car, Train and etc.
Chemical subsector excess capacity