MIIT Simplifies Consumer Subsidy Policy on Energy Saving Appliances
ChinaNews, 2/19/13
China's Ministry of Industry and Information Technology (MIIT) has announced that the Ministry will simplify the process for consumers to receive subsidies for energy-saving home appliance purchases, guaranteeing that consumers will be able to redeem subsidies immediately after purchasing a home appliance. Under the new policy, consumers need only present a copy of their ID card and receipt to appliance retailers immediately following purchase to receive a subsidy. The previous policy required consumers to return to the same store several days after purchase to receive a subsidy.
According to the MIIT, the new program is designed to combat fake subsidy claims.
Editor's Note: For more background on this topic, please see "China Adds Desktop PCs to Energy Efficiency Subsidy Policy" MD 9/10/12 issue.
Keywords: government subsidy hardware policy MIIT energy efficiency home appliances government initiative
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