On December 31, the Ministry of Finance and two other government departments issued a notice regarding the launch of a pilot program for a lottery-invoice initiative.
The notice specifies that pilot cities are supported in exploring such activities based on local consumption trends and operational foundations, aiming to further enhance consumer enthusiasm and stimulate spending potential in sectors including retail, dining, accommodation, culture and arts, entertainment, tourism, sports, and residential services, thereby providing strong support for consolidating and expanding the momentum of a steadily improving economy.
The notice mentions that pilot cities will organize lotteries for invoices obtained by individual consumers who purchase goods and services from businesses in the retail, dining, accommodation, culture and arts, entertainment, tourism, sports, and residential service industries under their own names, provided the invoice face value exceeds a certain threshold. Pilot cities will independently determine the minimum invoice amount eligible for prizes (not less than 100 yuan), the winning ratio, and prize categories, and will disburse subsidy funds in a timely manner. The prize amount for a single invoice shall not exceed 800 yuan in principle.
The central government will allocate tiered subsidy funds to pilot cities. Among these, megacities and very-large cities will receive up to 300 million yuan, large cities up to 200 million yuan, and other cities up to 100 million yuan. The subsidy funds will be disbursed in a lump sum through established procedures after the implementation plan is reviewed and approved.
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