China. The government distributes vouchers to boost the economy

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With the relaxation of the zero Covid-19 policy, more than 50 Chinese cities are distributing vouchers to residents to boost sectors such as catering, retail and tourism.

In Zhengzhou, the local government invested US$36 million to issue different types of vouchers. The same initiative is underway in Shenzhen’s Nanshan district, where the authorities will issue vouchers worth US$29 million between mid-December and 22 January to stimulate purchases of cars, food, household appliances, electronics

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