1. No, in the special period of financial crisis, coupons are gradually becoming one of the important means to promote sales and ensure growth. Although coupons are designed to promote consumption, they can also be used as social relief tools. There are also both, which are implemented as social relief for the purpose of revitalizing consumption. The background of the mixed policy may be complex, not just economic considerations.

2. In May, 2020, according to preliminary statistics, 28 provinces and cities and more than 70 cities in China have co-ordinated local government and social funds, and accumulated more than1900 million yuan in coupons.

The Beijing Municipal Government announced that it will start issuing electronic coupons on June 6 to speed up the recovery of consumer confidence, promote the recovery of the consumer market and promote the high-quality development of the capital economy. From June 6th, Beijing coupons received by consumers in Beijing through JD.COM App can be used by online and offline participating businesses, which is expected to benefit tens of millions of Beijing citizens and fully detonate consumption in the capital.

Consumption type

1. In China, consumer vouchers mainly include five categories: government vouchers, social vouchers, travel vouchers, transfer vouchers and education and training vouchers. Generally, the vouchers issued by relevant enterprises are all gold vouchers, with a face value of 100 yuan, and there are also social vouchers with a face value of 20 yuan.

A) government coupons

Features: Public welfare and bonus coupons issued with financial funds.

B) social coupons

Features: Non-public welfare and non-dividend coupons purchased voluntarily by units and individuals (including overseas tourists).

C) transfer coupons

Features: In response to the international financial crisis, enterprises, in order to ensure employment and income, use various industrial development support funds and enterprise support incentive funds allocated by the government to develop reproduction, pay social insurance premiums, and purchase consumer vouchers for enterprises to purchase goods, services and employee welfare.

D) travel coupons

Features: government subsidy vouchers are specially issued to local tourists.

E) education and training vouchers

Features: It is used for subsidizing the on-the-job training of employees in difficult enterprises, migrant workers and unemployed university graduates.

2. Japan issued a "regional revitalization voucher".

3. In Taiwan Province Province, there are "economic revitalization vouchers", food vouchers and education vouchers.

In Thailand, this is a "national salvation check".