Next year the government plans to increase the subsidy scheme for rural LCD TV will benefit

Zhang Shaochun, China's Vice Finance Minister, said in a report that in 2010 China will increase subsidies to rural areas.

Zhang Shaochun said in the report that subsidies for television and mobile phone purchases will double, while subsidies for other products will increase by 25-70%.

Zhang Shaochun said that as of December 15, 2009, the product shipments brought by the stimulus program up to 34 million 300 thousand, while the government issued a total of 6 billion 290 million yuan subsidy funds (about $921 million 110 thousand).

The source pointed out that in 2011, the Chinese market LCD TV shipments are expected to reach 37 million units, compared with 2300-2500 million units in 2009 has improved.

According to Chinese (CECC:China ELectronic Chamber of Electronic Chamber of Commerce Commerce) released data show that from January 2009 to November, 40 inches and larger LCD TV sales increased by 50%, and in 2010, the market is expected to seize market share China LCD TV 60%. (http://www.digitimes.com/news/a20091228VL202.html)