国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Home appliance subsidy

China cracks down on home appliance subsidy fraud

(Xinhua) Updated: 2011-05-14 15:40

BEIJING - The Chinese government recently moved to crack down on scalpers trying to take advantage of a nationwide subsidy program that was designed to fuel home appliance sales in rural areas.

In a joint statement sent to local government departments on Friday, China's ministries of commerce, finance, industry and information technology ordered their subordinate agencies to tighten oversight over the usage of subsidy logos by home appliance manufacturers.

Related readings:
China cracks down on home appliance subsidy fraud March home appliance sales jumps 179%
China cracks down on home appliance subsidy fraud Home appliance trade-in scheme fuels 152.12b yuan sales
China cracks down on home appliance subsidy fraud China's home appliance sales reach 152b yuan
China cracks down on home appliance subsidy fraud China's Feb rural home appliance sales surge on subsidy

The subsidy logos are used by rural consumers to help them tell the difference between subsidized and non-subsidized home appliances. Reports of scalpers reselling their logos to defraud the subsidy system prompted the ministries' actions, according to the statement.

The ministries stated that they will severely punish people who have illegally sold the logos to home appliance manufacturers.

A campaign to prevent unauthorized home appliance sales under the subsidy program will be launched in May and will last until July of this year, according to the statement.

Boosted by the subsidy program, sales of home appliances in rural China rose by 128 percent to 94.43 billion yuan ($14.5 billion) in the first four months of this year, according to data from the Ministry of Commerce.

During the same period, sales of home appliances in rural areas reached 39.515 million units, an increase of 91 percent from the same period last year.

China started the subsidy program in February 2009 to stimulate rural consumption and buoy the nation's economic growth during the global economic downturn.

Under the program, Chinese farmers can receive subsidies equal to 13 percent of the price of designated types of refrigerators, televisions, washing machines, computers, air conditioners, mobile phones, water heaters, microwave ovens, traditional ovens, electric bikes, gas stoves, pressure cookers, electric cookers and DVD players.

The Chinese government has handed out 39.17 billion yuan in subsidies since the program started.

Hot Topics

Editor's Picks
...
乐至县| 广元市| 普陀区| 尚志市| 泾阳县| 彭泽县| 神木县| 东阳市| 称多县| 芜湖市| 名山县| 清徐县| 吉水县| 嵩明县| 霍林郭勒市| 泗阳县| 长宁县| 深州市| 射阳县| 龙州县| 玉树县| 藁城市| 舒兰市| 闽侯县| 南阳市| 丹棱县| 洱源县| 于田县| 天津市| 福鼎市| 开封市| 新邵县| 慈利县| 河池市| 田阳县| 水富县| 萨迦县| 洛扎县| 雷山县| 临桂县| 来凤县|