Several cities in China are issuing consumer coupons before the May Day holiday, aiming to boost spending on tourism, appliances, housing and cars, the China Securities Journal reported. Guangdong province will subsidise electric car buyers at CNY8,000 per vehicle in the next two months, and Jiangmen city will distribute 9,000 sets of consumers voucher packages totalling CNY37 million to home buyers, the newspaper said. Shenzhen city has issued CNY400 million of shopping vouchers, CNY60 million of dining vouchers, CNY10 million of tourism vouchers and CNY30 million in digital yuan, the newspaper said.
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