Skip to main content

500 million Yuan vouchers to be disbursed in Wuhan

By Masood Sattar Khan
(Pakistan News & Features Services)

Starting from April 19, the residents of the Chinese city of Wuhan, hit hardest by the novel coronavirus, will get vouchers to help boost their consumption. 

The local administration announced on April 17 that it will hand out vouchers worth 500 million Yuan ($70.6 USD) among all people living in Wuhan. 

Irrespective of local or non-locals, the residents can apply and use the vouchers, a move aimed to support the operation resumption in commercial, trade, cultural and tourism sectors. Around 18 million Yuan of the vouchers will be earmarked for the registered impoverished people in the city.

The municipal government will hand out the vouchers weekly via the online platforms of Alibaba, Meituan Dianping and Tencent. 

The above three E-commerce giants will also offer their own coupons worth a total of 1.8 billion Yuan, which may be used together with the government-issued vouchers. 

The first stage of distribution will be from April 19 to May 31, and the second stage from June 1 to July 31. 

The consumers will be able to use the vouchers for offline payments in restaurants, shopping malls, supermarkets, convenience stores and cultural and tourist sites. At the first stage, they can only use them when their actual expenses reach or exceed three times the voucher value. 

A survey conducted by Alipay showed that over 10 million businesses have benefited from the nationwide voucher campaigns, with over 90 percent of them being micro, small and medium-sized businesses.
Labels:

Comments

Post a Comment

Popular posts from this blog

Dr. Zeelaf Munir Calls for Supply Chain Reforms to Strengthen Pakistan’s Food Security at Breathe Pakistan 2026

  Karachi: At the recently held Breathe Pakistan 2026 conference, where EBM participated as the principal partner, the company’s Managing Director and CEO Dr. Zeelaf Munir emphasized the urgent need to rebuild Pakistan’s agricultural supply chain to ensure long-term food security and sustainable development. Addressing participants at the event, Dr. Zeelaf Munir stated that while initiatives such as improved seeds, affordable credit facilities, and crop insurance are important, they alone cannot transform the lives of smallholder farmers unless the supply chain that follows agricultural production is fundamentally restructured. She highlighted that Pakistan’s food security is being “made or lost” within the post-farm supply chain, stressing that inefficiencies in storage, transportation, distribution, and market access continue to limit the benefits reaching farmers and consumers alike. Dr. Munir further noted that the transformation required in Pakistan’s agri-food sector must ...
Post a Comment
Read more

Constitution, Justice and Public Trust Essential for National Unity: Speakers

Bazm-e-Mukalma Pakistan organized the 39th Professor Karrar Hussain Memorial Lecture with a question-and-answer session at Rabat Hall, Bahadurabad, on “Lack of National Unity: Causes and Remedies.” Speakers and senior analysts Syed Muzafar Ejaz and Mazhar Abbas said national unity could not be achieved through slogans alone, but required justice, equality, constitutional supremacy, democratic continuity and public trust. They highlighted religious, linguistic, provincial and class-based divisions as major challenges to national cohesion. Mazhar Abbas stressed the importance of institutions working within their constitutional limits, freedom of the press and respect for the people’s right to choose their representatives. The session concluded with an interactive question-and-answer session on national identity, constitutional supremacy, the political system, provincial grievances and the role of state institutions.
Post a Comment
Read more

KDSP: Empowering Individuals with Down Syndrome in Karachi

The Karachi Down Syndrome Program (KDSP), a beacon of hope and support, is making significant strides in empowering individuals with Down syndrome in the city. Founded in March 2014 by a group of passionate parents and individuals, KDSP addresses the critical need for comprehensive resources and platforms for those with Down syndrome in Karachi. Bridging the Gap: A Mission of Advocacy and Inclusion KDSP operates as a non-profit organization with a clear mission: to advocate for the value, acceptance, and inclusion of individuals with Down syndrome. Recognizing the limited support and resources available locally, KDSP was established to provide a nurturing environment where individuals with Down syndrome can lead independent and fulfilling lives. A Lifelong Journey of Support Understanding the unique needs of individuals with Down syndrome and their families, KDSP offers unwavering support from the moment a family receives a diagnosis.  They embark on a journey with each family, pro...
Post a Comment
Read more