[Things in China] China's resumption of work and production continue to accelerate foreign media: cars are getting more and more bright at night
China Daily. March 3. The rapid recovery of China's economy is not only closely related to the 1.4 billion Chinese people, but also the focus of continuous global media attention.
According to Reuters reports on March 2, since the end of the Spring Festival holiday, nearly 300 million people have returned to work in China, because more and more Chinese companies have resumed work and resumed production.
According to data from China's Ministry of Transport, an average of 15.8 million passengers returned to work each week last week. So far, according to the statistics of the railway department, the total number of people who have returned to work since the Spring Festival holiday has reached 295 million.
Reuters report screenshot
The report cited China Merchants Bank's "Yuguang Industrial Resumption Index" recently released, which shows that China's industrial enterprises have resumed work by nearly 50%. The index shows that the rate of industrial resumption on February 17 a week ago was 41.79%, and the rate of industrial resumption on February 23 had risen to 49.59%. The index summarizes the satellite luminous data of 143 industrial parks across the country. It can be seen that the recent industrial resumption of the industry has significantly accelerated.
The report said that as the number of returnees gradually increased, the city gradually returned to normal. Mapping technology company TOMTOM's traffic index shows that congestion levels in many major cities in China rebounded significantly on Monday, reaching the highest level since the outbreak.
The public transport system has also become busier. Data from the China Urban Rail Transit Association show that the average daily passenger traffic of subways in the country reached 10.2 million passengers last week, an increase of 65.15% over the previous week.
In addition, the daily coal consumption of the six major coal-fired power generation groups in China is currently starting to pick up, reaching 457,700 tons on Monday, the highest level in five weeks.
According to relevant Chinese authorities, companies in at least 11 regions in China with annual revenues exceeding 200 million yuan have a return rate of more than 90%.
Screenshot of National Public Radio report
According to a report from the National Public Radio of the United States, as the number of new cases of new pneumonia in China continues to decrease, China has actively promoted resumption of work and production on the premise of well-planned epidemic prevention and control.
The report said that strict quarantine measures to prevent the spread of the new coronavirus prevented nearly 300 million migrant workers from returning to work, resulting in a shutdown in China, one of the world's largest economies, for nearly three weeks, and the global supply chain was significantly affected.
Since last week, relevant Chinese departments and enterprises have taken a series of measures to help enterprises gradually resume production. Some local governments have organized charter flights to pick up workers, and some companies have rented entire hotels to house isolated employees.
"South China Morning Post" report screenshot
Hong Kong's "South China Morning Post" reported that as the backlog of new crown epidemics also began to unblock, Chinese ports ushered in a "turning point." "The turning point has arrived ... we see port congestion eased and logistics is starting to recover."
The CNBC website quoted Matt Shea, CEO of the National Retail Federation (NRF), as saying: "Many large companies have started to show that they are getting signs from the Chinese market that some products are back online."