Sanya moves to pad residents' wallets as inflation rises

With Sanya's growing tourism industry pushing prices up for groceries and household items, the city government announced on Tuesday that it will roll out the second phase of its inflation subsidy for residents.

According to Sanya's finance bureau, 620,000 residents will receive 360 yuan ($59) around June 26 to help offset their expenses for the first half of this year. The subsidy will cost the city government 223.2 million yuan.

In February, residents were given 200 yuan in the first phase of the subsidy program. They will receive an additional 360 yuan for the second half of the year at a later unspecified date.