China's subsidy program for energy-efficient appliances will expire on June 1; program covers air conditioners, flat-panel TVs, refrigerators, washing machines, water heaters

Nevin Barich

Nevin Barich

May 29, 2013 – Xinhua News Agencu

BEIJING , May 29, 2013 () – A one-year subsidy program for energy-efficient home appliances will expire on Saturday, the Ministry of Finance (MOF) said Wednesday.

The program covers five categories of energy-saving appliances, including air conditioners, flat-panel TVs, refrigerators, washing machines and water heaters, he MOF said in an online statement.

The program was launched on June 1, 2012 to offer subsidies ranging from 100 to 400 yuan (16.18 to 64.72 U.S. dollars) for every energy-efficient home appliance sold.

In practice, subsidies from central finances would first go to producers, who would distribute it to consumers after the latter have purchased the products.

The program was designed to drive domestic consumption and cut carbon emissions, the statement said.

(c) 2013 Xinhua News Agency

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.


About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025 795

+1 (310) 558 0008
+1 (310) 558 0080 (FAX)

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.