On July 23, Yang Mu, director of the Department of Market Operation and Consumption Promotion at MOFCOM, said at a State Council Information Office briefing that China’s prize-invoice pilot in 50 cities has deployed 9.05 bln yuan, generated more than

2026-07-23

On July 23, Yang Mu, director of the Department of Market Operation and Consumption Promotion at MOFCOM, said at a State Council Information Office briefing that China’s prize-invoice pilot in 50 cities has deployed 9.05 bln yuan, generated more than 860 mln participations and 380 mln winning instances (44.5% win rate), and involved over 3.6 tln yuan in invoice value.