Chinese industries resume production in orderly manner
By People’s Daily
Chinese local governments and departments are currently mobilizing
enterprises to resume operation in a bid to suit production to demand, as it
calls for not only prevention and control, but also development to defeat the
novel coronavirus epidemic.
Many enterprises, responding to the call of the nation, have resumed
production in an orderly manner, providing better guarantee for the prevention
and control of the epidemic, and maintaining normal order of the economy and
the society.
Chen Da, deputy director of the Department of Trade at the National
Development and Reform Commission (NDRC) of China told a press conference on
Feb. 9 that work resumption is taking place across China except for Hubei Province,
the hardest-hit region. By Feb. 7, about 73 percent of the country’s mask
production capacity had been recovered, and about 94.6 percent of the country’s
major grain production and processing firms have resumed production, Chen
introduced. The supply of natural gas, electricity and refined oil is
sufficient, and the civil aviation, railway and water transportation sectors
are on normal operation.
Impacted by the epidemic, many enterprises are facing insufficient
labor, capital and raw materials. On Feb. 9, China’s Ministry of Industry and
Information Technology issued a notice, unveiling a string of 20 measures to
help companies resume production in an orderly manner and get through the
difficulty, such as enhancing the guarantee for work resumption elements and
intensifying credit support.
Besides, local governments in Zhejiang, Liaoning, Jiangsu and
Guangdong have already issued relevant measures to help enterprises solve
practical problems.
“Every infrared thermometer we produce represents our contribution,
and we must race against the epidemic and finally help our country defeat it,”
said the chairman of board Liu Yi of Andon Health Co., Ltd., a producer of
electronical thermometers based in Tianjin, in a recent speech mobilizing its
employees to go to the production front.
Learning the severe shortage of disinfectants, chairman of board Yang
Le of Anhui Jinhe Industrial Co., Ltd. immediately informed the company’s
production, supply and storage departments to load and send disinfectants to
Hubei to support the province.
Masks, goggles, and disinfectants are all important materials for
epidemic prevention and control. To guarantee supply, many enterprises had
resumed production in advance during the Chinese New Year holiday.
The country has also made targeted arrangement from fiscal and finance
perspective. It is reported that the Ministry of Finance (MOF) and the People’s
Bank of China (PBOC) for the first time jointly adopted the policy of special
refinancing and government-funded interest subsidies, so as to give more credit
support to key companies in epidemic control to combat the novel coronavirus
outbreak. The 300-billion-yuan ($42.9 billion) special refinancing loans allocated
by the PBOC, together with the government-funded interest subsidies, will lower
the financing costs of key enterprises in the production to less than 1.6
percent.
It’s noteworthy that the battle against the novel coronavirus outbreak
has created development opportunities for new economy, new business models and
new technologies. Thanks to China’s highly developed internet industry, at
present, online meetings and working from home are becoming a prioritized
choice for many enterprises when resuming production.
According to statistics released by DingTalk, an enterprise
communication and collaboration platform developed by Alibaba Group, over 2
million enterprises have managed health information of their employees just
days after the Chinese New Year holiday. Nearly 100 million people are checking
in with their companies via DingTalk’s clock-in function, and around 200
million are working and having video conferences on the app.
In the consumption and circulating sectors, the special situation
caused by the epidemic is also giving birth to greater demand on online
delivery platforms. Relevant enterprises are actively responding to such demand
and guaranteeing the materials supply for the market.
During the Chinese New Year, grocery retail platform Meituan Maicai
reported a daily sales growth of 2 to 3 times in Beijing. On e-commerce
platform JD.com, the transaction of grain products also surged by over 20 times
from a year ago, while that of instant food and dairy products went up by 10
times and 300 percent, respectively.
Employees of Zhongbo New Materials based in Nanqiao district, Chuzhou,
east China’s Anhui Province disinfect a workshop to guarantee safety after
production resumption, Feb. 10, 2020. Photo by Dong Chao, People’s Daily Online
Chinese industries resume production in orderly manner
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