REGIONAL> Development
![]() |
E China city to launch second coupon package
(Xinhua)
Updated: 2009-02-24 18:52 HANGZHOU -- The government of Hangzhou, capital of east China's Zhejiang Province, is planning to release a second batch of purchasing coupons in April to further boost the city's consumption, said an official on Tuesday.
Hangzhou earlier distributed 100 million yuan (about US$14.28 million) in coupons to low-income citizens in January, prior to Chinese lunar new year. Wang Guoping, secretary of the city's Committee of the Communist Party of China, said this 600 million worth yuan worth of coupons will be used in sectors including tourism, social security, and education which the government wants most to boost. However, the first batch of coupons distributed, which came from the city's financial department, have raised doubts about the legality of the government using money in coupons, and whether the coupon distribution would upset the city's economic balance. Wang said that having taken the above doubts into consideration, the city government is considering encouraging citizens to subscribe to the second batch of coupons with their after-tax salary. Quake-hit Chengdu in the southwest and the eastern city of Nanjing last month gave low-income residents coupons for shopping and entertainment. These programs are part of a larger national effort to boost domestic consumption in response to the impact of the global economic downturn. |
主站蜘蛛池模板: 崇明县| 新乐市| 白沙| 惠来县| 美姑县| 武邑县| 古田县| 万年县| 永春县| 抚远县| 牙克石市| 望谟县| 衡南县| 南乐县| 句容市| 五寨县| 奇台县| 九龙县| 衡山县| 开鲁县| 弥渡县| 浦北县| 沭阳县| 山阳县| 岳阳县| 清水河县| 文安县| 年辖:市辖区| 高陵县| 新龙县| 晋中市| 盐亭县| 静安区| 凤庆县| 黑河市| 安宁市| 江源县| 忻城县| 六盘水市| 儋州市| 穆棱市|