Japan’s 188bet sports betting stimulus policy is not effective,Repeated problems encountered during implementation

Author of this 188bet sports betting: Zhang Guannan 2020-10-20
Consumers said that the process of obtaining and using consumer coupons was not smooth。

“Building a Nation through 188bet sports betting” is Japan’s new development strategy as it enters the 21st century,The Japanese government hopes to drive economic recovery through the revitalization of 188bet sports betting。2013,Japan achieves the target of 10 million tourists for the first time。But since the new coronavirus epidemic has ravaged the world,Countries have adopted policies to restrict the movement of people to varying degrees,This is a huge blow to Japan, which has always hoped to promote economic development through the "188bet sports betting nation" policy。Therefore,The Japanese government has launched a series of preferential measures for domestic 188bet sports betting,Hope to use government subsidies to stimulate the domestic consumer market,Promote Japanese economy。However, the implementation of relevant policies in Japan has mixed reviews。

To stimulate consumption, the 188bet sports betting has invested heavily in subsidies

Recent research results from relevant economic institutions,Japan’s economic growth rate in 2020 and 2021 will not be high。Economists say this,The main reason for Japan’s slow economic recovery is the impact of aging and other issues,The medium-term potential growth rate of the 188bet sports betting economy is relatively low,only 0.5%。In addition,Obvious dependence on external demand is also one of the reasons。

According to Japanese media reports,Sluggish consumption has obviously dragged down Japan’s domestic economy。April to June 2020,Japan’s household consumption is 266 trillion yen,9% decrease from January to March,The proportion of GDP is 52.7%,Decreased by 0 from January to March.5%。Retail sales in July decreased by 3% compared with June。Therefore,As early as May 25, after the state of emergency was lifted across Japan,The Japanese government has decided to implement demand stimulus policies for the 188bet sports betting and catering industries hit by the COVID-19 epidemic from late July。The Japanese government plans to invest 1.7 trillion yen (approximately 112.7 billion yuan) budget,Travel subsidies and restaurant preferential policies for domestic travel in Japan。

“Travel” is part of the economic stimulus campaign launched by the Japanese government,Mainly for 188bet sports betting。Subsidized by the government,Consumers can enjoy discounts up to 50% of the total travel expenses,Specifically, it is 35% of travel-related expenses and 15% of consumption coupons。This subsidy policy sets a subsidy ceiling of 20,000 yen (approximately 1,325 yuan) per person per day based on the number of days of stay,Among them,The subsidy limit for hotel accommodation expenses per person per night is 14,000 yen,The upper limit of consumption coupon subsidy is 6,000 yen。Unlimited length of stay and number of uses。

Repeated problems encountered in the implementation of stimulus policies

The Japanese government originally planned to launch 188bet sports betting discounts in August,later advanced to July 22nd,To facilitate Japanese people to take advantage of the four consecutive holidays starting from July 23 for 188bet sports betting and consumption。But since July,Recurrence of epidemic in Japan,Especially, the number of new infections in Tokyo keeps hitting new highs,Many people and experts are worried that population movements will cause the spread of the epidemic,Many local officials including Tokyo Governor Yuriko Koike have also clearly expressed their opposition to the launch of 188bet sports betting discounts at this time。

Facing doubts,Japanese government emergency adjustment plan,Exclude Tokyo from the event,That is, Tokyo residents or tourists destined for Tokyo cannot enjoy the discount。However,For all parts of Japan,Tokyo is the most important source of tourists,Also an important tourist destination,Therefore,Major 188bet sports betting agencies have canceled reservations,The Japanese government also has to compensate all parties for the losses caused。Mid-September,As Tokyo lowers its epidemic alert level,The Japanese government announced that starting from October 1st,Include Tokyo into the scope of 188bet sports betting discounts。

Today,The Japanese government’s 188bet sports betting stimulus policy has been implemented for some time,Many unexpected problems were exposed in the process。for example,Some consumers said,The process of getting and using consumer coupons is not smooth。Some coupons cannot be collected and used because they were not delivered in time,Consumers concentrated on searching for stores where coupons can be used, which temporarily paralyzed the official website。Also,The number of stores accepting consumer coupons is less than expected。Some stores complained,Applied to receive consumer coupons,But no permission has been obtained until October 1st。

Also,The budget of each travel agency and accommodation facility participating in the project is allocated by the Operations Affairs Bureau based on sales plans, etc.。And recently,Because consumers are more concentrated in booking travel itineraries or booking hotels at some travel agencies,Resulting in tight quotas for these enterprises,So they have lowered the discount amount or limited the number of uses。Japanese Minister of Land, Infrastructure, Transport and 188bet sports betting Kazuka Akabane said at a press conference on the 13th,We will continue to provide additional subsidies to travel agencies participating in government 188bet sports betting stimulus projects。Akaban Kasumi,In order to enable these enterprises to continue to provide travel products with previous discounts,Instructions have been given to the 188bet sports betting Agency,Take corresponding countermeasures,The amount of subsidies will be flexibly allocated based on the actual sales of relevant enterprises。Reporter observed,Related products of various travel companies have returned to their previous discounts。

In addition,Concerns about the epidemic still exist。According to Japan Broadcasting Association report,15th,284 new cases of infection in Tokyo, Japan,This is the second time since August 20 that the number of new infections in a single day has exceeded 280。Some Japanese people said in an interview with Kyodo News,There are still many new infections in the capital area,It would be too hasty to stimulate 188bet sports betting now,I don’t plan to participate。Since October 1st,Tokyo is also included in the scope of travel discounts,Transportation discount included,However, the number of passengers on Japan Airlines domestic routes in October was only 50% of the previous year,Only about a 10% improvement compared to September。

*Source of this 188bet sports betting: Guangming Daily, author: Zhang Guannan, original title: "Japan’s 188bet sports betting stimulus policy is not effective》.

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