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More people go back to work in Zhejiang

chinadaily.com.cn| Updated: February 20, 2020 L M S

More companies in Zhejiang province have been resuming operations in recent days.

According to statistics from the provincial economy and information technology department, among all the province's companies above the designated scale (companies with annual revenue of more than $2.85 million), 31,965, or 72.2 percent, had resumed production as of Feb 18, 33.7 percent of which are operating at 50 percent capacity or more.

Leading companies played a large role in the return to work. Among all 921 companies valued at more than 1 billion yuan ($142.38 million) in the province, 850, or 92.3 percent, had resumed work as of Feb 18, including 137 in Jiaxing and 11 in Zhoushan.

Among the 27,275 companies above the designated scale in the province's top 10 most valued manufacturing industries, 20,888, or 76.6 percent, have resumed work. In particular, the computer communications industry saw its work resumption rate surpass 90 percent.

Manufacturers of major preventative supplies and supporting industries are quickly resuming work. The average capacity utilization rate of 52 of the province's major manufacturers exceeded 86 percent, and 75 percent of its supporting industries resumed work.

Small and micro-sized enterprises, which are facing more obstacles in resuming work, still saw progress, with 476 parks, or 60 percent, and 6,083 companies resuming normal operations as of Feb 18.

Local authorities said they have coordinated with relevant departments to help companies solve difficulties in getting employees back, recovering the industrial chain and ensuring smooth logistics.