China plans subsidy vouchers for seniors to ease strain on its aging population, drive consumption
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最新报道：China is introducing digital consumption vouchers for seniors as part of efforts to support its aging population and stimulate domestic spending. The blockchain-based vouchers, distributed via government-approved mobile apps, can be used for healthcare, groceries, and utility payments. Officials say the program aims to alleviate financial pressure on elderly citizens while promoting digital payment adoption. Pilot tests will begin in Shanghai and Chengdu next month, with plans for nationwide rollout by 2026. The initiative comes as China's over-60 population reaches 300 million, accounting for 21% of its total population.
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