Shenzhen airdrops 30 million free digital yuan to stimulate consumer spending

Shenzhen airdrops 30 million free digital RMB to stimulate consumption

According to local news outlet Shanghai Securities News, Shenzhen will airdrop Provide 30 million figures (e-CNY) to local residents to revive consumer spending.

The airdrop is a joint effort between Shenzhen and China’s leading food delivery app Meituan Dianping (OTC: ). According to the instructions, users need to log in to the Meituan app first, register for rewards, and then potentially get electronic RMB rewards in the lottery.