Nanchang established silicon-based LED industry development fund

On January 17, it was reported that Jiangxi Province has launched the "Implementation Plan for Supporting the Transformation of Scientific and Technological Achievements of the Nanchang National Silicon-based LED Engineering Technology Research Center." This initiative aims to leverage the strengths of the original silicon-based LED technology developed by the center, accelerate its industrialization, and foster a group of strong enterprises and well-known brands based on this cutting-edge technology. The goal is to boost the province's LED industry and help establish the "Nanchang Optical Valley." To strengthen the silicon-based LED sector, Jiangxi plans to closely follow the technological edge of this innovation, seize the current growth opportunities in the LED market, and focus on key development stages. By emphasizing precise positioning and differentiated strategies, the province aims to capture competitive advantages and drive rapid growth. This effort also seeks to create a new model for the transformation of scientific achievements and promote closer integration between industry, education, and research. Jiangxi is actively supporting the development of silicon-based LED technology and related companies by helping them find strategic partners—whether large state-owned enterprises or private firms—and pushing forward with industrialization and commercialization. The province is also focusing on application fields to develop a clear R&D path for the commercialization of silicon-based LED technology. It will continuously optimize the technology, reduce production costs, improve cost performance, and build a competitive edge through innovation. Special attention is being given to the silicon substrate LED technology route, with increased R&D efforts to enhance its comparative advantages. Strengthening the link between R&D and the market is essential to creating a cycle where innovation supports industry, and industry fuels further innovation. Additionally, the province is promoting the use of silicon-based LED products in government projects, urban upgrades, infrastructure, and energy-saving initiatives. Nanchang City has established a dedicated industry development fund to support the industrialization of silicon-based LED projects. Jiangxi is increasing policy and financial support, including land, capital, talent, and technological innovation, to ensure the success of these initiatives. Various special funds, such as the provincial industrial guidance funds, "Made in China 2025" special funds, and the Kedongtong program, are being directed toward the transformation of silicon-based LED results. The province is also encouraging listed companies to access financing and supporting M&A funds to facilitate international acquisitions. R&D investment is being prioritized, with major science and technology projects receiving focused support. The province is also working on a multi-party investment system to implement key projects effectively. To promote adoption, independent silicon-based LED innovations will be included in government procurement lists. Cooperation among LED companies is encouraged, with incentives provided to local buyers and suppliers, funded by municipal finances. Land allocation for key industrial projects is being prioritized, with provincial coordination to resolve issues and reserve new construction land. Talent development is also a priority, with efforts to attract high-level researchers and business leaders to support the industrialization of silicon-based LED technology. Jiangxi is inviting global partners to innovate and start businesses in the region. The province is focusing on attracting top domestic and international lighting companies, promoting the global partner program, and engaging with investment institutions and industry associations. It is also enhancing support for key research platforms, aiming to build national-level manufacturing innovation centers and form world-class research teams. Targeted R&D efforts are being made to strengthen the entire supply chain and foster industry leaders and independent brands. Finally, the province is developing professional service platforms, such as national-level photoelectric testing centers, to provide third-party services like product development, design, and technology application, accelerating project research and the transformation of scientific achievements into real-world applications.

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