(Fighting New Crown Pneumonia) Attacking the "New Trilemma" Jiangsu Foreign Enterprises Precisely Return to Work to "Regain Lost Time"
China News Agency, Nanjing, March 4th, title: Attacking the "New Trilemma", Jiangsu Foreign Enterprises Precisely Return to Work to "Regain Lost Time"
China News Agency reporter Zhu Xiaoying Zhong Sheng
Overcoming the "new trilemma" and regaining the lost time, Jiangsu's foreign companies are busy returning to work with precision. The reporter learned from the Foreign Affairs Office of the People's Government of Jiangsu Province on the 4th that at present, the rate of resumption of work in foreign-funded enterprises in Jiangsu has reached 59.9%, and the rate of return to work in large-scale foreign capital has reached 89.5%.
Jiangsu's export-oriented economy is developed, and the scale of actual utilization of foreign capital is the largest in the country. Nearly 400 of the world's top 500 companies have invested and developed in Jiangsu.
The reporter learned that the “three dilemmas” such as the shortage of epidemic prevention materials, the difficulty of returning to the post, and the poor inter-provincial logistics and transportation of foreign companies in the early stage of the new crown pneumonia epidemic have been greatly alleviated, but there are also new problems. .
Such as outbound visitors, procedures, and overseas financing progress are delayed. Zhu Yuanyuan, vice chairman of Jiangsu Overseas Friendship Association and chairman of Sino-Australian Bio-Pharmaceutical Co., Ltd., told reporters that the company is currently going through an important round of B-round financing and needs to go through procedures overseas, but it is difficult to return on time. Overseas financing funds cannot enter the country on time for the time being, which has slowed down the company's R & D and technology research.
Another example is the uneven progress of upstream and downstream production restarts, and difficulties in the turnover of corporate funds. The reporter learned from the Jiangsu Provincial Department of Commerce that some foreign-funded enterprises have not started enough and the industry chain has not yet been opened. An analysis by the Overseas Chinese Federation of Jiangsu Province shows that some overseas Chinese-funded enterprises have the risk of paid loans, and their short-term financing capacity has declined.
Another example is the long return period for overseas employees and the risk of "broken chains" in overseas industrial chains. "I am most concerned about the development of the epidemic situation at the headquarters of Germany. I am concerned that once the German supply chain is interrupted, it may cause a" broken chain "effect on China's purchases and the global industrial chain." Gu Jiandang, president of Phoenix Electric China, told reporters.
Facing the "new trilemma", government-enterprise cooperation has overcome difficulties.
Fei Shaoyun, director of the Foreign Affairs Office of the People's Government of Jiangsu Province, said in an interview that the Foreign Affairs Office docked with European and American chambers of commerce such as the American Chamber of Commerce in Shanghai, the British-Chinese Business Association, and Eli Lilly, Johnson & Johnson, Dell, AstraZeneca, and Caterpillar. Focus on the concerns and needs of foreign-funded enterprises to resume work and resume production. The key chambers of commerce communicated with the enterprises on a “one-to-one” basis, coordinating and resolving issues such as the resumption of work and production of upstream and downstream enterprises, and the return of employees overseas.
The Jiangsu Provincial Department of Commerce has adopted the "grasp the lead" approach, giving priority to key enterprises, especially the world's top 500 companies and industry leaders in the precision of resumption work.
Many foreign company leaders maintain confidence in the potential of the Chinese market.
Alan O'Connell, president of Camfil Group Asia Pacific and Middle East, said that during the epidemic, they donated air purification equipment to Wuhan Vulcan Mountain Hospital. The Camfil Group also invested in the construction of a "China Center" flagship factory in Taicang, Jiangsu, as a headquarters base in China. Yangzi Mitsui's CFO (Chief Financial Officer) Hidehisa Negashi said that currently employees are returning to the factory in an orderly manner and business is running normally. "The overall construction period has been delayed for one month, but we are trying hard to catch up and are confident to complete the task on time." (End)