May 08, 2024

Deep understanding: the economic environment affects the lighting market


——Interview with Tang Wei, Executive Deputy General Manager of Chongqing Jianmart

According to the survey, the supply of housing in Chongqing from January to June continued to increase, with a total supply of about 5.405 million square meters and a total of 5,1600 sets, an increase of 105.36. Such a large real estate market is a good news for the lighting market. According to common sense, the Chongqing lighting market should present a prosperous scene, but the reporters found in the market that many businesses sighed that business is difficult to do year after year. The reason for the conclusion is that there is no competition, and it is just a few answers in the off-season. In this regard, Jianmao executive deputy general manager Tang Wei has a deeper understanding.

Raising interest rates and increasing the burden of housing loans

Mr. Tang said that the Chongqing market is now in great demand. With the entry of foreign real estate speculators, house prices have climbed all the way. From the perspective of Chongqing's spending power, consumers who can pay their homes at one time are still few and far between. The vast majority of consumers rely on the most popular mortgages nowadays to realize their dream of buying a house. However, since 2004, the bank has raised interest rates seven times. In less than one year this year, it has raised interest rates four times. On the basis of rising house prices, it will undoubtedly increase the burden on mortgage lenders. Due to the lack of funds in hand, some consumers have to delay the renovation.

Stock market instability

This year is undoubtedly a year of profound memory for Chinese investors. In the first half of the year, stocks rose all the way, rising to people's heartbeat, and suddenly set off a wave of almost everyone's stocks. Chongqing has a very large number of investors, from school students to white-haired old people, from nannies, cleaners to high-level white-collar workers. However, a waterloo in the stock market at the end of May overturned the dreams of countless people. Many people were stuck in funds, and until now they have not solved the problem. There is no extra money for renovation.

Mr. Tang finally said that these situations are the next phenomenon in a specific environment. What we pay more attention to is still the large-scale environment for Chongqing's rapid development, the growing demand and the huge potential still to be discovered. The development prospects of the lighting industry in Chongqing Guangming are beyond doubt.
From the insiders, the Lanzhou lighting market in the development of the lighting industry in Qinghai Province, which is not generally marginalized in Yuedong Lighting City, is not to be ignored. I hope that more attention will be paid to the lighting of lighting in the second and third-tier markets. Cold encounter EU reflection: Who is the anti-dumping damage caused by energy-saving lamps?


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