On November 20th, the foreign news agency reported that the Ministry of Economy, Trade and Industry of Japan plans to extend the implementation period of the Eco-Point system for energy-saving appliances subsidies from the current end of March 2010 to 9 months to the end of next year. The target products will be supplemented with LED lighting products in addition to the current thin TV, refrigerator and air-conditioning.
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   The report pointed out that since the Eco-Point system was launched on May 15 this year, it has led to significant growth in sales of related products, effectively playing a role in supporting the economy. Therefore, the Ministry of Economy, Trade and Industry is planning to prepare for the second revision of the 2009 budget. Related expenses to continue to boost consumption by extending the implementation period.
   According to the Japan Yomiuri Shimbun, in addition to Eco-Point, the Japanese government plans to extend the implementation period of the eco-car purchase subsidy system for electric vehicles from the current end of March next year to six months until next fall.
   The Eco-Point system restores the cost equivalent to 5% of the product price to the consumer as a “Eco Point†in a state-funded manner. At that time, consumers can use the accumulated points to exchange other products.
   According to the Nikkei News report on November 18, according to data from the Japanese retail research company GfK Japan, the Eco-Point system has driven Japan's thin TV sales by 56.4% from the same period last year since it was launched in May this year. .
   In addition, according to the data released by the BCN, the market organization shows that after the Eco-Point system was launched, the sales volume of thin TVs in Japan showed a significant increase. Among them, the annual growth rate of thin TV sales in Japan in May was 42.9%, 38.1% in June, 54.2% in July, 52% in August, and 62.1% in September. The annual sales growth rate in October was as high. 67.7%, the highest annual increase in history.
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