The southwestern Chinese city of Lhasa will provide coupons worth more than 30 million yuan (about 4.23 million U.S. dollars) to stimulate consumer consumption, the local government said on Tuesday.
The vouchers, which are expected to be issued and valid from June 6 to July 20, include general consumption coupons, supermarket coupons and lucky coupons, with each saving consumers about 25 to 80 yuan, it said.
According to the government, consumers can use the coupons in designated places and the corresponding amount will be automatically deducted.
Many Chinese cities, including Nanjing in east China's Jiangsu Province and Ningbo in east China's Zhejiang Province, have launched coupons to encourage residents to dine out and shop, in an effort to boost consumption which was severely affected by the COVID-19 epidemic.
