The Hong Kong government introduced the Consumption Voucher Scheme hoping to boost consumer demand, and to save its economy, which has been shaken by the Chinese Communist Party’s zero-Covid policy that Hong Kong followed.
Financial Secretary Paul Chan Mo-po announced Phase II of the scheme on June 13. Hong Kong permanent residents aged 18 or above and non-permanent residents living in Hong Kong for work or study are eligible to receive $10,000 or $5,000 worth of vouchers, in installments, respectively.
