Environment     

Subsidies for energy saving

China Daily, May 18, 2012

• 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.

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