During Dragon Boat Festival, regarded as a barometer of world lighting and LED industry, the 18th Guangzhou International Lighting Exhibition was held in Pazhou Complex. Reporters  saw from the scene, LED lighting has become the absolute protagonist of the show, the traditional incandescent is hard to find. Some entrepreneurs and industry analysts believe, LED market is about to enter the outbreak period, will usher in the next seven to eight years of prosperity, but industry overcapacity problem persists, the market suffered vicious problems. Although the LED end-market demand is expected to start, but the market is still suffering from overcapacity and vicious problems. The founder of Guangzhou International Lighting Exhibition ,Dr. Pan Wenbo said the cost was still a big problem last year, the cost is not the "problem" now,LED general lighting from the original 100 yuan, quickly dropped to 20 to 30 yuan, the current costs can be controlled at around $ 10, walked into the home basically no obstacles. However, the "low trade barriers, high government subsidies and preferential tax policies, many companies come crush, low excess capacity situation is more serious." Dr. Pan Wenbo said, "vicious competition, produced out of something certainly is with the price, so that consumers are not satisfied, so harder to promote LED lighting, creating a vicious cycle. "