Under the impact of serious explosion accident of fireworks factory in Liuyang in 4th December,2019 and the COVID-19 pandemic, huge fluctuations occur in domestic fireworks production, and the industry remediation forced the withdrawal of partial fireworks manufacturers. The relevant functional departments of Hunan Province announced the retaining of 65% fireworks and firecracker manufacturers in Hunan province and 31% in Liuyang, the main production area, by 2021, which means the withdrawal or shutdown of a large number of fireworks and firecracker manufacturers. In this regard, a brief analysis is as follows:
To sum up, the crackdown of fireworks industry has promoted the safe and sound development of the industry. What do you think are the opportunities after the remediation of the fireworks industry? Your valuable comments are highly appreciated.