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1 billion yuan! Shanghai will distribute electronic consumption coupons for the first time. Alipay, Wechat and Yunxiaofu are available.

2025-02-28 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

CTOnews.com, August 17 (Xinhua)-- Shanghai will issue electronic consumer coupons for the first time, with a total size of 1 billion yuan, in three rounds from late August to late November, which can be used online and offline in catering, retail and cultural and travel industries, according to Xinhua News Agency.

According to reports, the "love to buy Shanghai" electronic consumption coupons are for consumers in Shanghai who have reached the age of 18. As with previous activities, the equipment can be used in real-time positioning in Shanghai. According to the plan, the total amount of consumption coupons issued this time is 1 billion yuan, and the three rounds are 200 million yuan, 500 million yuan and 300 million yuan respectively.

CTOnews.com learned that the coupons are distributed through "online registration and lottery". You can sign up for the coupons on Alipay, Wechat and Yunshanfu. Each person can register once per round.

The first round of consumer registration is from August 20 to 22, the voucher is issued on August 26, and the use period is 20 days.

The first round of consumer voucher bags are worth 100 yuan and contain a total of three consumption coupons, namely one coupon with a consumption of more than 100 yuan against 50 yuan and two coupons with a consumption of more than 50 yuan against 25 yuan. The face value of the second and third round of electronic consumer coupons shall be dynamically adjusted according to the specific conditions of the previous round of write-off.

In addition, Shanghai also encourages participation in the platform, merchant enterprises to invest funds and resources, supporting the development of discounted profits, preferential stacking and other activities. Enterprises in the retail, catering, cultural and tourism industries that meet the requirements such as no record of breach of faith can sign up, and "large, medium, small, micro-trading enterprises and individual businesses with basic software and hardware conditions can apply," according to the official.

Officials also pointed out that on the basis of the previous policies to promote automobile consumption, Shanghai will also introduce policies such as the trade-in of household appliances to promote consumption.

In the first half of this year, China's economy withstood the pressure and achieved positive growth, with GDP growing by 2.5% in the first half of the year compared with the same period last year. China's national economy continued its overall stable and stable development trend. China's economy still maintained the basic characteristics of full potential, great resilience, strong vitality, large room for manoeuvre and many policy tools, and the various advantages and conditions for China's development remained unchanged.

However, from a quarterly point of view, China grew by 4.8% in the first quarter and 0.4% in the second quarter compared with the same period last year, and demand is still the main factor restricting economic development, so some experts say that boosting demand is still the next priority. We should try our best to stabilize consumption and activate offline consumption. At the same time, we should also speed up the organic integration of online and offline consumption, so as to not only improve the convenience of residents' consumption, but also help the popular development of the digital economy. Thus driving the recovery of the whole market.

Coupled with the impact of the epidemic, catering, tourism and other industries have become the hardest hit. In order to alleviate the impact and boost consumption, various places have come up with strange ways to promote consumption, among which consumption coupons have become an important starting point.

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