The Limited Times

Now you can see non-English news...

Consumer coupons | The second summer vacation distribution cannot be used for overseas scholars, and it is expected to have a limited effect on boosting the economy

2022-05-02T05:00:29.228Z


【Consumption Coupon / PayMe / BoC Pay / Octopus / Alipay HK Alipay / WeChat Pay / Tap & Go / Application] The first round of electronic consumption coupons of RMB 5,000 has been distributed on April 7, the second round of 5,000


[Consumption Coupon / PayMe / BoC Pay / Octopus / Alipay HK Alipay / WeChat Pay / Tap & Go / Application] The first round of RMB 5,000 of electronic consumption coupons has been distributed on April 7, and the second round of RMB 5,000 will be distributed during the summer vacation.

If the ban on outbound travel is lifted at that time, quarantine will not be required when returning to Hong Kong. The public should note that the vouchers cannot be used for outbound travel, but can be used for local travel.


Some scholars have analyzed that consumer vouchers have a limited effect on boosting the economy. They bluntly said that "it's unsustainable after buying one round", emphasizing that whether the economy improves or not depends on the government's attitude towards the epidemic, "If you send money on one hand, but the other side is heavy. It's like digging your own grave."


▼4.15 The first day of the Easter holiday, the first long holiday after the distribution of consumer coupons▼


+5

CUHK Li Zhaobo: It is difficult for consumer coupons to bring the economy back to the fifth wave

The government announced that it has joined two more operators to assist in the implementation of the second phase of the consumption voucher scheme, and will announce the details of the second phase as soon as possible. The goal is to start accepting registration in the middle of this year. .

Li Zhaobo, an honorary teaching and research scholar at the Asia-Pacific Business Institute of the CUHK Business School, pointed out that the economy had improved before the fifth wave of the epidemic.

▼April 27th IZZUE Mongkok "Cai Street" branch will be open for business on the last day▼


+2

Whether the economy will improve depends on the government's response to the epidemic

Li Zhaobo explained that the second round of consumer coupons issued a total of about 30 billion yuan, but they were only for short-term effects. After buying one round, citizens could not continue, and the next time they had to wait for traditional consumption seasons, such as Christmas.

He also pointed out that the economy depends on the government's attitude. "You give money with one hand, but Knock Down on the other hand is like digging your own grave." For example, the long-discussed nationwide testing, "You The impact on the economy is different, and the scale is so large that it is like a set up in Shanghai, and the blow can be very big and serious.”

Li Zhaobo pointed out that consumer coupons have only a short-term effect on the economy.

(file picture)

Regarding the addition of a new operator of consumer coupons, he pointed out that the transfer of the public to the platform may affect the speed of collection. Because the plan was designed to distribute as soon as possible, he did not want the public to fill in any information, but adding a new platform, if there is an error, it will be "sour" Therefore, it is understandable that a rigorous test needs to be done, which will affect the receiving speed.

▼HSBC PayMe asked Jiang Tao to shoot advertisements▼


+4

The purpose of electronic consumer coupons is to revitalize local consumption

In addition, many citizens are waiting for customs clearance, and there are many questions and discussions on the Internet about using consumer vouchers to travel. However, Wang Xueling, director of the Budget and Tax Policy Section of the Financial Secretary's Office, once said that the purpose of electronic consumer vouchers is to To revitalize local consumption, although travel falls within the scope of consumption coupons, it is limited to "local travel" tour groups.

▼BOC Hong Kong BoC Pay asked Yao Zhuofei to shoot advertisements▼


+2

Consumer Coupon|More than 2.7 million PayMe users and 34,000 merchants who use BoC Pay to offer discounts to attract customers You can get a 10 yuan cash coupon when you renew your Octopus coupons|Zhuang Tailiang said that the amount of high-end consumer goods issued in the first phase is higher than that of the last time. The last day of the Easter holiday will benefit from the increase in the number of people in the gold shop. | Less than 30% of the electronic payment stalls in the market are dismantled for one reason

Source: hk1

All news articles on 2022-05-02

You may like

News/Politics 2024-04-11T10:41:10.354Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.