Financial subsidies to promote LED lighting product bidding

The National Development and Reform Commission and the Ministry of Finance, Ministry of Finance and Economics, and the Ministry of Science and Technology High-tech Division commissioned the China National Electronics Import and Export Corporation on the 20th to publicly invite domestic public bidding for financial subsidies for promoting LED lighting products in 2012/2013, and determine the products LED downlights and reflective self-producing towns. Stream LED lighting products promotion company, product specification model and agreement supply price. The subsidy funds for this bidding shall be indirectly subsidized, and shall be subsidized by the financial subsidy to the successful bidder. The subsidized bidder shall sell the end-users with the price of the bid-winning agreement minus the subsidy of the financial subsidy. The ultimate beneficiary is the end-user.