We compared growth and the content of sugar, protein, and photosynthetic pigments, as well as chlorophyll fluorescence parameters in 15- and 27-day-old Chinese cabbage (Brassica chinensis L.) plants grown under a high-pressure sodium (HPS) lamps or a light source built on the basis of red (650 nm) and blue (470 nm) light-emitting diodes (LEDs) with a red to blue photon ratio of 7: 1. One group of plants was grown at a photosynthetic photon flux (PPF) level of 391 ± 24 μ mol/(m2 s) (normal level); the other, at a PPF level of 107 ± 9 μ mol/(m2 s) (low light). Plants of the third group were firstly grown at the low light and then (on the 12th day) transferred to the normal level. When grown at the normal PPF level, the plants grown under LEDs didn’t differ from plants grown under HPS lamps in shoot fresh weight, but they showed a lower root fresh and dry weights and the lower content of total sugar and sugar reserves in the leaves. No differences in the pigment content and photosystem II quantum yield were found; however, a higher Chl a/b ratio in plants grown under LEDs indicates a different proportion of functional complexes in thylakoid membranes. The response to low light conditions was mostly the same in plants grown under HPS lamps and LEDs; however, LED plants showed a lower growth rate and a higher nonphotochemical fluorescence quenching. In the case of the altered PPF level during growth, the plant photosynthetic apparatus adapted to new conditions of illumination within three days. Plants grown under HPS lamps at a constant normal PPF level and those transferred to the normal PPF level on the 12th day, on the 27th day didn’t differ in shoot fresh weight, but in plants grown under LEDs, the differences were considerable. Our results show that LED-based light sources can be used for plant growing. At the same time, some specific properties of plant photosynthesis and growth under these conditions of illumination were found.