China's General Administration of Quality Supervision, Inspection and Quarantine made an agreement with the U. S. Consumer Product Safety Commission to immediately create and implement a plan to eliminate lead paint used on all toys exported to the U.S. The Chinese and U.S. safety agencies will review the plan and its effectiveness in a year to see how things are going.

Don't count on all lead paint to be gone quite yet, but it's definitely a step in the right direction.

More information here.