Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

China Starts Rural Appliance Program Bidding

Beijing Times, 1/04/10

On January 1, China's Ministry of Finance, Ministry of Commerce and Ministry of Industry and Information Technology (MIIT) announced the start of bidding to provide products in 12 categories for China's rural home appliances subsidy program, according to the official program website. The notice states that price ceilings for each product category will increase substantially, with the maximum prices for TV sets and handsets doubling to RMB 7,000 and RMB 2,000 respectively. Subsidies, however, will remain unchanged at no more than 13% of 2009's maximum prices.

Keywords: government initiative government subsidy hardware rural Ministry of Finance MIIT Ministry of Commerce home appliances handset pricing television TV set

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports