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my country has promoted 780 million high-efficiency lighting products in 6 years, saving 32 billion kilowatt hours of electricity every year

Since 2008, my country has accelerated the application and promotion of efficient lighting products such as energy-saving lamps and LED lamps through the implementation of fiscal subsidy policies, and gradually phased out high-energy-consuming products such as incandescent lamps. By the end of 2013, a total of 780 million high-efficiency lighting products had been promoted, saving 32 billion kilowatt hours of electricity annually.
Since 2008, the central government has begun to set up special funds to promote efficient lighting products. The central government will provide a subsidy of 30% of the supply price for each product in the winning bid for bulk users, while urban and rural residents will receive a subsidy of 50% for each product.
According to the China Lighting Electrical Appliances Association, in the three years from 2008 to 2010, the central government invested 2.562 billion yuan and promoted a total of 360 million high-efficiency lighting products. According to calculations, these products can generate a total of approximately 66 billion kilowatt-hours of electricity savings during their lifetime, which is equivalent to saving approximately 18 million tons of standard coal and reducing carbon dioxide emissions by approximately 47 million tons. This means that for every 1 yuan invested in financial subsidies, approximately 26 kilowatt hours of electricity can be saved.
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