On April 2, the Nantong Municipal Government, together with China UnionPay and various commercial banks, officially launched the "2020 Nantong Consumption Promotion Season and Catering Electronic Consumption Vouchers Issuance" activity, sounding the "assembly call" for Nantong's economic recovery.
This Nantong "Consumption Promotion Season" is sponsored by the Nantong Municipal People's Government and co-organized by the Nantong Municipal Bureau of Commerce, Nantong Federation of Trade Unions, Nantong Finance Bureau, the People's Bank of China Nantong Central Branch, and China UnionPay Jiangsu Branch. All parties contributed together to issue nearly 400,000 catering electronic consumption vouchers to Nantong users through the Cloud Flash Payment APP.
China UnionPay Executive Vice President Hu Haozhong said that in order to alleviate the impact of the epidemic, UnionPay actively helps the government to control the epidemic, resumption of work and production of enterprises, and safe consumption by cardholders. Nantong City held a consumption promotion season event this time, UnionPay will do its best to support it. Applications for consumption coupons will last from now until the end of May, and will be carried out through various forms such as lottery registration, prize-winning questions, etc. After the application is successful, users in Nantong can enjoy the discount of "50 yuan off immediately after spending over 150 yuan" when scanning the QR code on the Cloud Flash Payment APP. At the same time, citizens who spend in designated merchants in Nantong meet certain standards can enjoy the discount of double overlapping on-site discounts and real-time deductions for merchants. China UnionPay has cooperated in depth with the Nantong Municipal Government to stimulate citizens' consumption needs through practical actions to benefit the people and help the economy enter a healthy development track.
Recently, in order to actively help the government stimulate consumption and boost the economy, China UnionPay actively assisted in issuing cloud flash payment APP consumption coupons nationwide, relying on solid financial technology and extensive acceptance networks to help the government's economic policies be implemented quickly. At present, nearly 100 million yuan in consumption coupons have been issued in Liaoning, Xinjiang, Qingdao, Ningbo, Shenzhen and other places, covering multiple hot consumption industries such as catering, shopping, culture, and tourism, benefiting thousands of households. In the future, China UnionPay will continue to cooperate closely with the government and various industry partners, and is committed to launching consumer coupon discount activities in more regions to give back to merchants and cardholders with more convenient, safe and high-quality innovative payment services.
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