{"id":7709,"date":"2020-02-11T23:00:40","date_gmt":"2020-02-11T15:00:40","guid":{"rendered":"https:\/\/uatcphi.imsinoexpo.cn\/?p=7709"},"modified":"2021-12-27T13:33:44","modified_gmt":"2021-12-27T05:33:44","slug":"economic-watch-china-carefully-returns-to-work-amid-anti-epidemic-battle","status":"publish","type":"post","link":"https:\/\/www.cphi-china.cn\/en\/updates-en\/news\/7709\/","title":{"rendered":"Economic Watch: China carefully returns to work amid anti-epidemic battle"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7709\" class=\"elementor elementor-7709\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-8d3f627 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8d3f627\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f8f678b\" data-id=\"f8f678b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-24d3225 elementor-widget elementor-widget-text-editor\" data-id=\"24d3225\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em>11.02.2020 23:00<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-d412f98 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d412f98\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3b44c09\" data-id=\"3b44c09\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1da39cf elementor-widget elementor-widget-image\" data-id=\"1da39cf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"900\" height=\"599\" src=\"https:\/\/www.cphi-china.cn\/wp-content\/uploads\/2021\/12\/1-14.jpg\" class=\"attachment-full size-full wp-image-7711\" alt=\"\" srcset=\"https:\/\/www.cphi-china.cn\/wp-content\/uploads\/2021\/12\/1-14.jpg 900w, https:\/\/www.cphi-china.cn\/wp-content\/uploads\/2021\/12\/1-14-300x200.jpg 300w, https:\/\/www.cphi-china.cn\/wp-content\/uploads\/2021\/12\/1-14-768x511.jpg 768w\" sizes=\"(max-width: 34.9rem) calc(100vw - 2rem), (max-width: 53rem) calc(8 * (100vw \/ 12)), (min-width: 53rem) calc(6 * (100vw \/ 12)), 100vw\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8c00517 elementor-widget elementor-widget-text-editor\" data-id=\"8c00517\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Policeman Wu Shengzao (1st L) patrols with his colleagues at the Daxing International Airport in Beijing, capital of China, Feb. 1, 2020.\u00a0(Photo by Peng Ziyang\/Xinhua)<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-3782c6e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3782c6e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b2f376f\" data-id=\"b2f376f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ef94b14 elementor-widget elementor-widget-text-editor\" data-id=\"ef94b14\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>China&#8217;s cabinet urged efforts to protect workers from getting infected and meanwhile resume production as soon as possible.<\/strong><\/p><p>\u00a0<\/p><p>BEIJING, Feb. 10 (Xinhua) &#8212; Chinese authorities are carefully balancing efforts to control the novel coronavirus epidemic and minimize its impact on the economy as millions of people head back to work Monday after an extended holiday.<\/p><p>\u00a0<\/p><p>In a circular released over the weekend, the State Council, or China&#8217;s cabinet, urged efforts to protect workers from getting infected and meanwhile resume production as soon as possible.<\/p><p>\u00a0<\/p><p>Companies providing epidemic control supplies and services such as medical material and daily necessities are among the first groups to resume work and have already begun racing back to full capacity to fight the novel coronavirus outbreak.<\/p><p>\u00a0<\/p><p>The virus was first detected in central China&#8217;s city of Wuhan in December. Easy to transmit from person to person, it has kept people indoors and led to a sharp increase in demand for protective equipment like masks and goggles.<\/p><p>\u00a0<\/p><p>About 73 percent of the country&#8217;s mask production capacity had been recovered by Friday, according to Chen Da, an official with the National Development and Reform Commission, the country&#8217;s top economic planner. For medical masks, the rate has gone up to 87 percent.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-c1a727b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c1a727b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2cb100e\" data-id=\"2cb100e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-34d3043 elementor-widget elementor-widget-image\" data-id=\"34d3043\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"900\" height=\"650\" src=\"https:\/\/www.cphi-china.cn\/wp-content\/uploads\/2021\/12\/2-6.jpg\" class=\"attachment-full size-full wp-image-7713\" alt=\"\" srcset=\"https:\/\/www.cphi-china.cn\/wp-content\/uploads\/2021\/12\/2-6.jpg 900w, https:\/\/www.cphi-china.cn\/wp-content\/uploads\/2021\/12\/2-6-300x217.jpg 300w, https:\/\/www.cphi-china.cn\/wp-content\/uploads\/2021\/12\/2-6-768x555.jpg 768w\" sizes=\"(max-width: 34.9rem) calc(100vw - 2rem), (max-width: 53rem) calc(8 * (100vw \/ 12)), (min-width: 53rem) calc(6 * (100vw \/ 12)), 100vw\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dbdf4f3 elementor-widget elementor-widget-text-editor\" data-id=\"dbdf4f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Trucks loading medical devices set out for Hubei Province, in Qinhuangdao, north China&#8217;s Hebei Province, Feb. 5, 2020. Two vehicles carrying ten medical devices donated by a medical system enterprise in Qinhuangdao set out to help hospitals in Xianning City of Hubei fight against novel coronavirus outbreak. (Xinhua\/Yang Shiyao)<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-a125112 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a125112\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8aa1889\" data-id=\"8aa1889\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5a473cc elementor-widget elementor-widget-text-editor\" data-id=\"5a473cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Courier companies are also resuming service Monday as they are essential to meet people&#8217;s daily needs and guarantee the delivery of resources for epidemic control.<\/p><p>\u00a0<\/p><p>Logistics companies are expected to restore over 40 percent of their normal handling capacity by mid-February and continue to increase the capacity according to the development of the epidemic outbreak, according to the State Post Bureau.<\/p><p>\u00a0<\/p><p>For other sectors, production is recommencing in a steady but more gradual manner as both authorities and entrepreneurs are cautious over the novel coronavirus epidemic which has killed 908 and infected more than 40,000 on the Chinese mainland by Sunday.<\/p><p>\u00a0<\/p><p>In Shanghai, the latest official survey showed that more than 80 percent of the local manufacturing companies are willing to resume work, of which about 70 percent have already done so.<\/p><p>\u00a0<\/p><p>Meanwhile, 80 percent of Shanghai&#8217;s software and information service enterprises have returned to work, and 70 percent of their employees have chosen to work from home using telecommuting and video teleconference services to avoid infection.<\/p><p>\u00a0<\/p><p>Wu Jinzhong, head of eyewear maker Roring Industries in China&#8217;s southeastern Fujian Province, said only half of his 900 employees would resume work Monday.<\/p><p>\u00a0<\/p><p>&#8220;We advised workers outside the province not to rush back, while local employees need to be investigated whether they have traveled out of town in the past two weeks,&#8221; he said.<\/p><p>\u00a0<\/p><p>Wu said he has also increased spending to prevent the disease, including providing larger workspaces and essential protection materials like face masks.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-1467ecb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1467ecb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6055633\" data-id=\"6055633\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2daa700 elementor-widget elementor-widget-image\" data-id=\"2daa700\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"900\" height=\"630\" src=\"https:\/\/www.cphi-china.cn\/wp-content\/uploads\/2021\/12\/3-3.jpg\" class=\"attachment-full size-full wp-image-7715\" alt=\"\" srcset=\"https:\/\/www.cphi-china.cn\/wp-content\/uploads\/2021\/12\/3-3.jpg 900w, https:\/\/www.cphi-china.cn\/wp-content\/uploads\/2021\/12\/3-3-300x210.jpg 300w, https:\/\/www.cphi-china.cn\/wp-content\/uploads\/2021\/12\/3-3-768x538.jpg 768w\" sizes=\"(max-width: 34.9rem) calc(100vw - 2rem), (max-width: 53rem) calc(8 * (100vw \/ 12)), (min-width: 53rem) calc(6 * (100vw \/ 12)), 100vw\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a139d9f elementor-widget elementor-widget-text-editor\" data-id=\"a139d9f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>People make protective suits at the workshop of a company in Fuzhou, southeast China&#8217;s Fujian Province, Feb. 2, 2020. To help fight the outbreak of pneumonia caused by novel coronavirus, workers of many medical material companies rushed to work ahead of schedule. (Xinhua\/Lin Shanchuan)<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-4855fcb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4855fcb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5654060\" data-id=\"5654060\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6e59df0 elementor-widget elementor-widget-text-editor\" data-id=\"6e59df0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\">To\n support small and medium-sized enterprises (SMEs) in work resumption, \nthe Ministry of Industry and Information Technology (MIIT) has pledged \nto help with the supply and transportation of raw materials as well as \nprotective gear like masks and body temperature detectors.<\/p>\n\n<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\">&nbsp;<\/p>\n\n<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\">Local\n governments are encouraged to reduce or waive taxes and administrative \nfees on certain SMEs, increase subsidies to corporate training programs \nand extend the payment deadline for their electricity and gas bills to \nback them in harsh times, said the MIIT.<\/p>\n\n<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\">&nbsp;<\/p>\n\n<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\">Likewise,\n local governments are ordered to take measures to help foreign-funded \ncompanies resume production and operation in an orderly manner.<\/p>\n\n<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\">&nbsp;<\/p>\n\n<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\">Particular\n support shall go to large foreign investment projects, according to the\n commerce ministry, which called for coordinated efforts to solve their \ndifficulties and minimize the impacts of the epidemic.<\/p>\n\n<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\">&nbsp;<\/p>\n\n<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\">Now\n with the country heading back to work, many are confident that the \npotential economic blow brought by the national production halt is \nexpected to be only a short-term, one-off hit against China&#8217;s solid \neconomic foundation.<\/p>\n\n<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\">&nbsp;<\/p>\n\n<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\">The\n epidemic might disturb economic activities in the first quarter of this\n year, but the economy is likely to steady shortly after the epidemic is\n contained, as the unleashing of pent-up demands will make up for \nprevious weak economic performance, said Pan Gongsheng, vice governor of\n China&#8217;s central bank.&nbsp;<\/p>\n\n<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\">&nbsp;<\/p>\n\n<p data-mce-style=\"text-align: left; font-size: 14pt; font-family: Consolas;\"><i>Editor: huaxia<\/i><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>China\u2019s cabinet urged efforts to protect workers from getting infected and meanwhile resume production as soon as possible.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[217],"tags":[],"class_list":["post-7709","post","type-post","status-publish","format-standard","hentry","category-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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