Reuters: China will offer 600 million yuan in subsidies to promote the use of energy-saving lighting products, in a move to cut the nation’s carbon emissions. The subsidy will result in 120 million units of energy-efficient lighting products being put into use, saving about 6.2 billion kilowatts of electricity, the government estimated in a statement. China subsidiaries of companies including Philips Electronics NV and Panasonic Corp were among 23 companies that will participate in the …