Precise efforts are made to promote the resumption of work and production and continue to speed up

Lan Qingxin

(Source: "Guangming Daily" 2020-04-08 Page 7)

Recently, General Secretary Xi Jinping visited Zhejiang, specifically visited port areas and enterprises, conducted in-depth investigations on the resumption of work and production of enterprises, and made important instructions.

As the domestic epidemic prevention and control situation continues to improve, the resumption of work and production of enterprises continues to accelerate. With the support of various policies of the Party Central Committee, a lot of fresh experience has emerged in various regions and departments to help the development of enterprises. Based on the narration of the person in charge of Ningbo Beilun Daqi High-end Auto Parts Mold Park and Tsingtao Beer Suizhou Company, we have a clearer understanding of the current status, characteristics and future path of the company's resumption of work and production.

Overall characteristics of enterprises resuming work and production

First of all, companies related to the digital economy have resumed work and production relatively quickly. Under the epidemic, online demand has increased, bringing opportunities for the development of the digital economy. Companies in 5G, big data, cloud computing, smart equipment and other fields targeted domestic and foreign user needs, quickly resumed work and production after the Spring Festival, expanded smart manufacturing, online education, cloud office, unmanned delivery and other businesses, and achieved operating income growth. The increase in online demand has also continued to stimulate the motivation of traditional enterprises to apply digital intelligence methods, boosting the transformation and upgrading of Chinese enterprises.

Secondly, the resumption rate of manufacturing enterprises is higher than that of service enterprises. Manufacturing industry is the basis of material production. As of the end of March, the average operating rate of industrial enterprises above designated size in my country was 98.6%, and the resumption rate of small and medium-sized enterprises exceeded 76%. Enterprises producing medical equipment, epidemic prevention products, and household necessities were fully operational, which greatly met people's livelihood needs and epidemic prevention and control material needs, and reversed the shortage of epidemic prevention materials at the beginning of the epidemic. Due to the need for epidemic prevention and control, enterprises such as catering, commerce, exhibitions, transportation, entertainment, education, tourism, etc. that rely on space and physical means to provide services have been relatively slow to resume work.

Finally, the resumption of work and production of domestic demand-oriented enterprises is better than that of foreign w88 enterprises. Domestic consumption is the main driving force for economic growth. During the epidemic, the state launched timely measures to speed up the construction of new infrastructure and adopted expansionary fiscal and monetary policies to stimulate domestic investment demand. The resumption of work and production of large enterprises has driven the small and medium-sized enterprises that provide supporting services to resume business in batches. However, as the overseas epidemic spreads and foreign w88 orders decrease, it is difficult for foreign w88 companies to resume work and production. According to the author's survey of small and medium-sized foreign w88 companies in Guangdong, Sichuan, Beijing and other places, 83% of companies face problems such as insufficient production due to reduced or canceled orders.

Key issues that need to be paid attention to when promoting the resumption of work and production

The resumption of work and production of foreign w88 companies requires urgent attention. The European Union and the United States are my country's main trading partners and the areas most severely affected by the epidemic. Their domestic economic and business activities have been blocked, resulting in a decline in the business volume of my country's foreign w88 companies. According to the author's research on Guangdong's foreign w88 companies, the phenomenon of order cancellations or order suspensions is currently serious in European and American countries. As an important platform for China's foreign w88, the Canton Fair has been postponed due to the epidemic, which has also had a certain impact on exports.

We need to pay attention to the resumption of work and production of small and medium-sized enterprises. Small and medium-sized enterprises have insufficient economic strength and weak ability to resist risks, making it difficult to resume work and production. Implementing the spirit of General Secretary Xi Jinping’s important instructions requires practical measures from all localities.

Policy implementation is the key. According to the survey, many small and medium-sized enterprises report that there is a disconnect between some policy provisions and specific implementation. For example, due to the lack of fixed assets as collateral, financing difficulties have not been alleviated; many companies lease non-state-owned housing, and most companies have paid full-year rent in advance before the outbreak, so it is difficult to enjoy the rent reduction policy.

The synergy of resumption of work and production needs to be paid attention to. In order to smoothly promote the resumption of work and production, different links in various industries and regions need to be coordinated and synchronized. According to research, the difficulty in resuming work and production for some companies is due to the impact of upstream and downstream companies in the industrial chain. Different prevention and control measures, support policies and implementation differences in different regions have different impacts on the resumption of work and production of other companies in the industrial chain.

Promoting enterprises to resume work and production requires precise policies

Actively promote the development of foreign w88 enterprises. Vigorously develop digital w88, encourage the development of cross-border e-commerce, and promote the development of enterprise service w88 in cloud services, information technology services, digital content services, etc. Support enterprises to use modern information technology to establish multilingual electronic product exhibition halls for the international market and realize cloud display of foreign w88 products. Strengthen international w88 cooperation and coordination, and encourage countries to use joint epidemic prevention as an opportunity to break w88 barriers.

Strengthen the innovation of policies to support the resumption of work and production of small and medium-sized enterprises. We should pay close attention to the outstanding issues reported by small and medium-sized enterprises, break the information silos, and accurately grasp the financing needs of enterprises for resumption of work and production, as well as information related to their financing and development capabilities. Promote financial institutions to open green channels for credit to small and medium-sized enterprises. Establish an epidemic relief fund to support the development of enterprises in a regular and low-interest paid manner. Efforts should be made to effectively promote rent reductions and exemptions to prevent tenant enterprises from being unable to enjoy the policy due to information asymmetry.

Collaborate to promote the resumption of work and production of enterprises. Strengthen the coordinated resumption of work and production of upstream and downstream enterprises in the industrial chain to achieve supply and demand coordination and business connection. Establish a provincial-regional coordination mechanism for resumption of work and production to achieve linkage of support measures in various regions and clear up obstructions to the flow of personnel. Give play to the leading role of leading enterprises, and implement precise docking services for each region.

Expand consumption capacity and provide strong demand for enterprises to resume work and production. The epidemic has affected the income levels of some groups and the consumption capacity of the whole society. Regular consumption coupons can be issued in a timely manner to enhance residents’ spending power.

Promote the digital transformation of enterprises and enhance their ability to resist risks. Focus on stimulating entrepreneurs' crisis awareness and strengthen digital transformation thinking. Accelerate the construction of new infrastructure such as 5G networks, data centers, industrial Internet, and artificial intelligence to provide basic support for the digital transformation of enterprises. Support enterprises to carry out international cooperation in the field of digital technology through special fund support, tax exemptions, talent introduction, and import customs clearance of high-tech products.

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