Thu, Dec 18, 2008 - Page 3 News List

Vouchers must be used in Taiwan, CEPD says


Taiwanese businesspeople based in China who are eligible to obtain NT$3,600 vouchers next month under a government plan to boost spending must spend the vouchers in Taiwan, the head of the country’s top economic planning agency said yesterday.

Chairman of the Council for Economic Planning and Development Chen Tian-jy (陳添枝) said that Taiwanese businesspeople who received the vouchers in China would have to use them after they return to Taiwan.

Chen said the government would do its utmost to prevent counterfeiting to protect retailers, adding that store owners would be provided with the necessary information to verify the authenticity of the vouchers.

The Cabinet set aside an NT$85.7 billion (US$2.6 billion) budget plan for the voucher project, which is pending legislative approval.

Vouchers will be distributed to all Taiwanese citizens, regardless of age or income level, before the Lunar New Year holiday, which begins on Jan. 26.

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