Home / Business / Energy Tools: Save | Print | E-mail | Most Read | Comment
China doubles energy-efficient light bulb subsidy for 2009
Adjust font size:

The Chinese government has doubled the quota for subsidized energy-efficient light bulbs this year, stepping up efforts to save energy and reduce pollution.

The government would subsidize 100 million energy-efficient light bulbs this year, compared to 50 million last year, said a statement published on the Ministry of Finance (MOF) website Tuesday.

The move also aimed to cushion the impact of the global financial crisis on light bulb producers and promote the use of energy-saving lamps, the statement said.

The central government offers a 30-percent subsidy on wholesale purchases and a 50-percent subsidy on retail sales. Some local governments also offered subsidies up to 40 percent.

By the end of January, 62 million energy-saving light bulbs had been sold under the subsidy program, which was launched in April last year.

Those 62 million bulbs can help save 3.2 billion kwh of electricity annually and cut discharges of carbon dioxide by 3.2 million tonnes and sulfur dioxide by 32,000 tonnes, the statement said.

(Xinhua News Agency February 25, 2009)

Tools: Save | Print | E-mail | Most Read
Pet Name
China Archives
Related >>
- Time to phase out light bulbs to save energy
- Shanghai to subsidize energy-saving light bulbs
- Subsidies for energy-saving light bulbs
- EU Anti-dumping Mechanism in Chinese Light Bulbs Disputed
- EU Market May Not Be So Bright for China's Light Bulbs

Feb.14, Beijing China Macro-Economy Forecast Spring Annual Conference
Feb.22 - Feb.23, Shenzhen 21st Century China Capital Market Annual Conference
Feb.26 Shenzhen Time Weekly Marketing Awarding Ceremony

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?