Shanghai unveils business restart plan on supply chain woes

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

SHANGHAI - Shanghai published plans to resume production in the city after weeks of Covid-19 lockdown snarled supply chains and dealt a blow to the Chinese economy.

Businesses should formulate plans for closed-loop management, where workers live on-site and are tested regularly. They should also apply for approval to restart production with Covid-19 control authorities at the district and city levels, Shanghai's Economic and Information Technology Commission said in a statement on its WeChat account. The agency did not provide a timetable of work resumption.

The key to addressing the economic woes is adjusting China's Covid Zero policy, analysts said, as the Chinese central bank takes a cautious approach with monetary easing. But top officials have repeatedly warned about risks to growth and the need for more monetary and fiscal stimulus.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 4. in RU

Россия Последние новости, Россия Последние новости