Beijing plans to hand out $6 a month to the city's low-income people

Österreich Nachrichten Nachrichten

Beijing plans to hand out $6 a month to the city's low-income people
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Beijing plans to hand out $6 a month to low-income families to help offset the cost of food. The amount will just about buy 2 Big Macs.

, citing the administrator of the program, Beijing Municipal Commission of Development and Reform.

The handouts are slated to start at the end of February and are expected to be granted to over 300,000 people, per Xinhua. The disbursements appear to be a temporary measure, the news outlet reported. — is too low. "40...is it even enough to cover the transport fare required to collect the money?" asked one user on the microblogging site Weibo who was commenting on a local media"Is it enough for one meal in Beijing?" asked another in response to the same explainer.

Several users said the subsidy should be 40 yuan a day instead of a month, which would translate to roughly 1,200 yuan — or about $175 — a month. said it's a good start that should be emulated by other local governments.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

BusinessInsider /  🏆 729. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Why Big Layoff Announcements Don’t Always Mean Big Workforce CutsWhy Big Layoff Announcements Don’t Always Mean Big Workforce CutsJob-cut announcements can make headlines and move stock prices, but they don’t always leave companies that much smaller.
Weiterlesen »

Gen. Keane: China spy craft shows how serious Beijing is in achieving ‘regional and global domination”Gen. Keane: China spy craft shows how serious Beijing is in achieving ‘regional and global domination”China's alleged spy crafts found penetrating the airspace of the U.S. and dozens of other countries is a 'wake-up call,' according to retired U.S. Gen. Jack Keane.
Weiterlesen »

Hong Kong’s crypto ambition gets subtle nod from Beijing: ReportHong Kong’s crypto ambition gets subtle nod from Beijing: ReportDespite a strict crypto ban on the Chinese mainland, officials in Beijing have not been openly opposed to Hong Kong's desire to become a crypto hub, according to people familiar with the matter.
Weiterlesen »

Companies Sam Altman invested in: Reddit, Neuralink, moreChatGPT creator Sam Altman has invested in dozens of companies over the years, from Elon Musk's Neuralink to Reddit
Weiterlesen »

20 tech founders and billionaires that play sports20 tech founders and billionaires that like to play sports — from Bill Gates's love for pickleball to Jeff Bezo's days-long horseback rides
Weiterlesen »



Render Time: 2025-03-10 11:51:03