|Policy Type:||Economic Instruments>Fiscal/financial incentives>Grants and subsidies|
|Policy Target:||Residential Appliances|
|Agency:||China State Council|
|Funding:||RMB26.5 billion (USD 4.2 billion)|
For one year, the State Council will subsidize the purchase of a variety of low-consumption household electrical appliances (including flat-panel TVs, refrigerators, washing machines, and air conditioners), energy saving lightbulbs and LEDs, vehicles with engines smaller than 1.6L, and highly-efficient electrical machinery.
Year ended: May 31, 2013
Last modified: Fri, 03 Nov 2017 18:09:25 CET