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    Home > Coatings News > Paints and Coatings Market > Industry | China's resumption of work and production stabilizes global economic confidence

    Industry | China's resumption of work and production stabilizes global economic confidence

    • Last Update: 2021-04-30
    • Source: Internet
    • Author: User
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    China's prevention and control of the new crown pneumonia epidemic is at the most strenuous and critical stage.
    While the whole country is fighting the epidemic with all its strength, it has also taken multiple measures to speed up the orderly resumption of work and production.
    As the "world factory" and "world market", China has promoted industrial production and commercial activities to get back on track, not only enhancing the world's confidence in the healthy development of China's economy, but also injecting hope and impetus into the global economy.
    The Chinese government has recently launched a policy "combination punch".
    All localities and departments have shown their magical powers.
    By reducing corporate taxes and fees, increasing fiscal expenditures, injecting liquidity into the financial system, and promising to reduce administrative approval items and procedures, etc.
    , to help companies solve labor shortages.
    , Insufficient funds, shortage of raw materials and other problems, support and organize the promotion of various enterprises to resume work and production.
    At present, with the exception of Hubei Province, other provinces, autonomous regions, and municipalities in mainland China have started to resume work and production in an orderly manner according to their respective epidemic prevention and control risks.
    From the roar of the restarting of Chinese factories, the world has seen the positive results of China's epidemic prevention and control, and the full resilience of China's economy, as well as the phased and temporary impact of the epidemic.
    The accelerated restart of the "World Factory" will not only help China ensure that its own economic and social development is back on track, but it will also relieve the pressure on the world economy and safeguard the common interests of the world.
    China is the second largest economy in the world, with a total economic volume of nearly one hundred billion yuan, a huge domestic demand market of 1.
    4 billion people, a labor force of nearly 900 million, and sufficient high-quality human resources.
    It has strong economic resilience, plenty of potential, and plenty of room for maneuver.
    , The basic trend of long-term improvement remains unchanged.
    Actively promote the resumption of work and production, so that all companies, including foreign investment in China, can see the Chinese government's determination to stabilize employment, finance, foreign trade, foreign investment, investment, and expectations, and become more confident in the long-term and healthy development of China's economy.
    Recently, Honeywell, a well-known American manufacturing company, has fully resumed work in 18 of its 21 factories in China, and partially resumed work in the other three.
    Tesla's return to work is in good condition, while Ford Motor said that China's still strong market just needs to make Ford full of confidence in the future of the Chinese market.
    The Spanish "Economist" optimistically predicts that as the spread of the epidemic gradually slows and Chinese companies gradually resume production on February 10, China's economic activities are expected to resume within one month.
    Georgieva, president of the International Monetary Fund, believes that China's economy will rebound quickly.
    Affected by the epidemic, the Chinese New Year holiday has been extended and the resumption of work has been delayed.
    A large number of overseas manufacturing companies once encountered problems such as supply chain interruptions, production shutdowns, and delivery delays.
    China is steadily advancing the resumption of work and production, which will reactivate the global industrial chain and give global manufacturing companies peace of mind.
    At the same time, countries that produce commodities such as energy and minerals, as well as industries such as luxury goods, tourism, conventions and exhibitions, and retail, are eagerly looking forward to the return of China's economic operation to normal.
    Recently, Singapore’s "Lianhe Zaobao" was excited about the recurrence of traffic jams in major Chinese cities, while Poracek, the investment manager of the New York Commodity Asset Management Company, was delighted that the cargo ship was finally able to call at the port in Shandong.
    .
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    Various reactions have shown that the world's business towards China The eager anticipation of the revival of the event has highlighted China's important position in the global supply chain, industrial chain and value chain.
      Facts have repeatedly proved that in the era of economic globalization, the Chinese economy has been highly integrated with the world economy, and the challenges facing the Chinese economy are the challenges facing the world economy.
    Felbermeier, director of the Institute for World Economics in Kiel, Germany, exclaimed, “We should do our best to help China contain this epidemic”, because under the epidemic, helping China is helping ourselves, and helping China is helping the world.
      The urgent task at the moment is that the international community should unite and cooperate to face the challenges.
    Whether it is epidemic prevention and control or the restoration of economic production, countries around the world and China need to strengthen cooperation and help each other in the same boat.
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