In-depth report
Written by: Hao Ziyu
2021-07-07 08:30
Last update date: 07-07 2021 08:30
A few days ago, the government gave details on the distribution of electronic consumer coupons. Registration will be carried out from July 4 to August 14. The four stored-value payment tool operators, AlipayHK, Octopus, Tap & Go and WeChat Pay HK, will be distributed. Distribute 5,000 yuan in consumption for two or three phases, requiring the public to use a certain amount within a specific time.
Different from the "returning wealth to the people" model of directly distributing cash, the use of coupons to replace money has another purpose-while reducing the economic pressure of the citizens, it can also popularize electronic payments and support the hard-hit industries.
After the model of consumer coupons was promoted with great fanfare, the final effect was no different from cash distribution, making it a cover for cash distribution.
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However, after the model of consumer coupons was promoted with great fanfare, the final effect was no different from the cash distribution, making it a cover for cash distribution, rather than rejuvenating industries in different categories, and ended up with "both ends".
In the final analysis, it is still because the government's stubborn thinking has failed to clarify the purpose of consumer coupons, thus neglecting the other.
What is the difference between consumer vouchers and direct cash payment?
What kind of mental illness of the Hong Kong Government is reflected in this incident?
For detailed analysis, please read the 272th "Hong Kong 01" Electronic Weekly Newsletter (July 5, 2021) "
Governmental thinking drags down the design of consumer coupons and deviates from the original intention
".
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