The city has about 18 million residents in its prefecture-level area.
City of Shenzhen airdrops 30M in free digital Yuan to stimulate consumer spending
The move comes as part of a government effort-led to revitalize consumer spending as a zero-COVID policy has devastated the countries’ economic hubs.
Shenzhen to Double Digital Yuan Giveaway in China’s Latest Lottery Test
The latest digital currency giveaway is aimed to gauge user experience ahead of an expected launch.