BEIJING, Feb. 4 (Xinhuanet) -- The Tibet Autonomous Regional Government began to grant 44 million yuan (about 6.45 million U.S. dollars) in subsidies to 73,000 needy residents and retirees from State-owned enterprises from Wednesday.
The low-income people will be subsidized with each receiving 600 yuan in cash or shopping cards with the same amount of money before February 10.
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Picture taken on Feb. 3, 2010 shows the low-income people receive the subsidiary shopping cards.The Tibet Autonomous Regional Government began to grant 44 million yuan (about 6.45 million U.S. dollars) in subsidies to 73,000 needy residents and retirees from State-owned enterprises from Wednesday. (Xinhua Photo) Photo Gallery>>> |
The move is designed to help such people enjoy the Spring Festival and Tibetan New Year and to promote consumption during holidays.
Residents will be able to do shopping with the shopping cards in Tibet's circulation enterprises and outlets.
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Picture taken on Feb. 3, 2010 shows an eighty-year-old Tibetan woman expressing her thanks for receiving the subsidiary shopping cards. (Xinhua Photo) Photo Gallery>>> |
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The inaugural ceremony was held in Beijing Tuesday and the plan is sponsored by the State Nationalities Affairs Commission (SNAC) and the China Construction Bank (CCB). Full story
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The move is designed to increase the incomes of local farmers and herders, according to the Regional Conference on Agricultural and Animal Husbandry Development. Full story