In order to stimulate the economy and encourage enterprises to invest in Japan, the Japanese government has decided to set up a subsidy system for the establishment of environmentally-friendly production bases such as LEDs and lithium batteries in Japan.
Although Japan has repeatedly introduced subsidies for LED lamps and enterprises, it is basically the first time to subsidize LED companies in the form of subsidies for promoting green innovation and low-carbon industries.
The Japanese government wants to take out a new economic stimulus package of 920 billion yen (about 10.8 billion U.S. dollars) from the government reserve fund for the fiscal year 2009-2010, which will be submitted to the National Assembly for approval on September 10, 2010. Executed at the end of September.
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