China's Zhengzhou Gifts CNY400 Coupons to Rekindle Post-Covid-19 Consumption
Zhang Yushuo
DATE:  Apr 01 2020
/ SOURCE:  yicai
China's Zhengzhou Gifts CNY400 Coupons to Rekindle Post-Covid-19 Consumption China's Zhengzhou Gifts CNY400 Coupons to Rekindle Post-Covid-19 Consumption

(Yicai Global) April 1 -- Zhengzhou, the capital of Central China's Henan province, will distribute vouchers worth CNY400 million (USD56.35) to its residents to boost consumption as the Covid-19 pandemic comes generally under control, according to a statement by the city government today.

About CNY80 million will be given to poor and disadvantaged groups, with each person receiving CNY500, while CNY320 million in general consumption coupons, including those for other catering, automotive and general merchandise, will benefit the larger populace.

The first handouts will begin on April 3, with 50 million e-vouchers sent to 1 million residents.

Editor: Ben Armour

Follow Yicai Global on
Keywords:   Zhengzhou,consumption,Coupons,COVID-19