It's reported that the Chinese government has invested over10 billion yuan (1.47 billion U.S. dollars) in research and development of green technologies for the 2006-2010 period.
Zhang Laiwu, vice minister of science and technology at a press conference in Beijing pointed out that, China had developed key technologies that could cut greenhouse emissions . More than 1.6 million LED lights were being used in 21 cities in a pilot program to promote the use of LED lights, which will save more than 164 million KWH of electricity annually.