China Growth Stocks

[GorillaGorilla]

China sees explosive sales growth of appliance in rural areas

The subsidized appliance in the program included refrigerators, TV sets, mobile phones, washing machines, computers, air conditioners, water heaters, micro-wave ovens and electromagnetic ovens.

In March this year, the government added six kinds of appliances in the program including electric bike, smoke exhaust ventilator, gas stove, pressure cooker, electric cooker and DVD player.

http://www.chinadaily.com.cn/china/2010-04/09/content_9704898.htm

No wonder CELM are confident about hitting targets. Bike manufactures get a booster as well for the first year - I asume that means our favouirte battery makers will benefit.

rich