Popular Articles


BizChinaUpdate Newsletter
 

Email:

Full Name:

Advertisement
Advertisement
Advertisement
Home arrow News & Interviews arrow News November 2008 arrow China Subsidises Purchase of Foreign Brands
China Subsidises Purchase of Foreign Brands PDF Print E-mail
 

By Peter Bachmann, on 24-11-2008 06:10

Published in : The News, News November 2008


The Chinese government singled out 122 domestic and foreign brands whose household appliances will be subsidised for rural households, state media reports.

 

The government will grant a 13 per cent subsidy for electric appliances to support rural residents in several provinces. Households in Shandong, Henan, Sichuan, Inner Mongolia, Liaoning, Heilongjiang, Hubei and Shaanxi provinces are eligible to buy appliances manufactured by Samsung, Panasonic, Nokia, Motorola and other foreign brands for a discounted price.

The subsidy is also granted for products from domestic companies including Hisense, Konka, Meiling and Haier.

Related stories:

China Expects Higher Unemployment
http://www.bizchina-update.com/content/view/1621/2/


Stimulus Package "Guarantees" 9 Per Cent Growth
http://www.bizchina-update.com/content/view/1589/2/


Hong Kong Enters Recession

http://www.bizchina-update.com/content/view/1606/2/


Macau Announces Stimulus Package
http://www.bizchina-update.com/content/view/1605/2/





   

Keywords : Subsidy, Brands, Appliances, Economy, Stimulus


Users' Comments  RSS feed comment
 

Average user rating

 


Add your comment
Name
Comment
 
Available characters: 600
 
   
   

No comment posted



mXcomment 1.0.9 © 2007-2010 - visualclinic.fr
License Creative Commons - Some rights reserved
< Prev   Next >
Advertisement
RSS - Subscribe to the BCU Feed

Member's Area Login

Members please login: