Join Ezbuy
Exhibitor
Visitor
Join as Supplier
HPGLE.COM, the online B2B portal website of HOTEL&SHOP PLUS expo series, will meet the needs of different customer groups and diversified promotion events. We help suppliers shape their brand image more efficiently and capture business opportunities more accurately.

For more suppliers benefits, please contact us!

Ms Wu
Tel:+86 021 33392545
E-mail: Bella.Wu@informa.com

Work resumption will keep supply chains steady: MoC

Category:Industry Key Words:resumption,MoC Time:2020-02-25 15:53

  China will facilitate more foreign companies in resuming work and production amid the novel coronavirus epidemic in order to stabilize the global supply chain, a senior official of the Ministry of Commerce said on Monday.


  Ren Hongbin, assistant minister of commerce, said the epidemic is expected to have a discernible impact on the absorption of foreign capital in the first quarter this year, but the impact is "temporary and controllable."


  In the long run, China's competitive advantage in attracting foreign investment has not changed, and the confidence and strategy of most multinational companies in investing in China have not changed, he said at a press conference.


  To minimize the impact of the epidemic, the country will continue to help more foreign-funded companies restart production in China, Ren said.


  As recent measures gradually took effect, the percentage of key foreign-funded companies that restarted work in Shanghai and the provinces of Shandong and Hunan exceeded 80 percent, according to Ren. All 32 South Korean auto parts companies in Shandong province resumed work before Feb 15, stabilizing the global automotive supply chain, he said.


  The country will further improve the level of foreign investment in China’s telecommunications, medical, education, culture, finance and other fields, Ren said. It will also continue to optimize the environment for foreign investment, implement well the Foreign Investment Law and supporting regulations, he added.


  Ren said the impact of the epidemic on foreign trade is also temporary. As China's foreign trade is resilient and competitive, and exporters have strong capabilities in market development, the positive trend of foreign trade will not change in the long term, he said.


  Exporters in Guangdong and Jiangsu provinces, Beijing and Shanghai have sped up work resumption, he added.

Latest News

A Wood-Lined Office That Used To Be A Parking Lot
A Brightly Coloured Shelving Unit Helps To Define Areas In This Renovated Apartment
A Waterfront A-frame House Renovated With Contemporary Finishes
This New Home Addition Opens To The Garden
The Black Exterior Of This Home Leads To A Pink Kitchen Inside
Weathered Steel Covers The Exterior Of This Modern Home In Texas
BST development and production of rotomolding products and rotomolding technology for more than 16 years
MORE THAN20 YEARSEXPERIENCE OFMANUFACTURE ANDDEVELOPMENT TSXY
In the world the Professional Cleaning Equipment Manufacturers Guangzhou PADOM
Protection Of Resources And Environment To Promote Greenlow-Arbonlife HUZHOU TIANFU DECORATION MATERIALS CO., LTD.

Recommended Products

LOCK UMBRELLA RACK
Inquiry Shanghai Jinhong buffet ware utensil manufacture Co.,Ltd
LOCK UMBRELLA RACK
Printed Beach Towels, Measures
Inquiry Anhui Honren Co(Group).,Ltd
Printed Beach Towels, Measures
STAINLESS STEEL UMBRELLA BAG MACHINE
Inquiry Shanghai Jinhong buffet ware utensil manufacture Co.,Ltd
STAINLESS STEEL UMBRELLA BAG MACHINE
CGJ002 Summer Quilt
Inquiry Anhui Honren Co(Group).,Ltd
CGJ002 Summer Quilt
BassJump loudspeakers
Inquiry Leader Radio Technologies Limited.
BassJump  loudspeakers
Single Document Rack
Inquiry Long Zhi Hu(Guangzhou)Hotel Supplies Co., Ltd.
Single Document Rack
Super Mini Size MOS
Inquiry Ningbo Sagasafe Electronic Co., Ltd.
Super Mini Size MOS
17 Inches Laptop Size Safe
Inquiry Ningbo Sagasafe Electronic Co., Ltd.
17 Inches Laptop Size Safe

Interested Articles

Success!
OK

Sinoexpo Digital Platform

Copyright 2006-2024 Shanghai Sinoexpo Informa Markets International Exhibition Co., Ltd. All rights reserved     沪ICP备05034851号-77     沪公网安备 31010402000543号