Giving residents coupons will help revive local consumption
The Nanjing local government recently issued consumption coupons to its residents as a way to reinvigorate the local economy. It worked. Between March 18 and 22, Nanjing residents made use of 34,522 coupons, worth 9.43 million yuan ($1.33 million).
Following the novel coronavirus outbreak, regions across China imposed strong measures, such as quarantines and lockdowns, badly affecting retail and service industries.
As the epidemic has been largely brought to heel, it is now time for promoting a recovery in all walks of life.