What is the sunrise industry now? What are those? What is the sunset industry?

Sunrise industry refers to an emerging industry with strong vitality driven by technological breakthrough and innovation. It has broad market prospects, represents the future development trend, and can evolve into a leading industry or even a pillar industry under certain conditions. However, risks still exist. If you make a mistake in predicting the technology cycle, you will fall into a technical trap and lose all your investment. It, environmental protection, new energy and other sunrise industries with good profit prospects.

Sunset industry is an image name for the declining traditional industrial sector, which refers to an industry in which the total sales volume of products has dropped absolutely or the growth has slowed down regularly in a continuous period. Its basic characteristics are that the demand growth slows down or stagnates, and the industrial yield is lower than the average level of various industries, showing a downward trend. Sunset industry is a relative concept. In fact, as Lang Xianping said, "There is no sunset industry, only sunset thinking." As long as we resist the pressure in the crisis, persist in innovation and upgrading, and improve our competitiveness, the sunset industry can also shine.