China will put 26.5 billion yuan ($4.2 billion) in subsidies toward promoting the use of energy-saving household appliances and products, replacing a similar policy that ended last year.

The country will allocate a further 6 billion yuan in subsidies toward purchases of vehicles that have engines that are smaller than 1.6 liters, according to a statement that was posted on the government's website.

Related

• Ningxia companies win central gov't fund for saving energy
• Plan for industrial energy saving to be issued
• Ningxia wins 200mln for saving energy in 2011
• China faces tough challenge to meet annual energy saving target

Go to Forum >>0 Comment(s)