60% of small and medium firms and 95% of large firms have resumed work: China’s vice industry minister

On Friday, China’s vice industry minister Xin Guobin stated, the majority of factories which are located outside of Hubei province, which has China’s only level 4 bio safety lab which is also the epicenter of the coronavirus outbreak, have resumed production.

The work resumption rate is 60% for smaller and medium firms and 95% for larger companies.

Xin, made these comments while speaking to reporters at a State Council briefing.

He also mentioned that China will coordinate with other countries to push forward on business resumption even as the Coronavirus, which has become pandemic, stokes uncertainty about the quick return to normalcy.

China is trying to get its economy back and running after imposing strict restrictions on transport and movement of people to slow down the spread of infections.

Categories: Creativity, Entrepreneurship, HR & Organization, Strategy

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