The State Council of China has decided to allocate RMB 26.5 billion ($4.19 billion) in subsidies to promote the use of energy-saving household appliances and products, including air conditioners, flat-screen televisions, refrigerators, washing machines and water heaters.At the same time, the Chinese government will allocate RMB 2.2 billion ($348.06 million) in subsidies to promote the use of energ