Chinese enterprises return to work to achieve production, "colorful foot" (Ruijing Finance · grasp the epidemic prevention and promote development (42))

Recently, China's epidemic prevention and control has achieved important and phased results. More and more enterprises have shifted from resuming production and production to "Daneng production", and the depth and breadth of economic activities have rebounded significantly. Analysts believe that prevention and control of the epidemic is to escort the economy, and to stabilize the economy is to fight against the epidemic. The warming of China's economy not only reflects the great achievements China has made in coordinating the promotion of epidemic prevention and control and economic and social development, but also brought spring to the deeper crisis of the world economy.

Enterprises move towards "full load"

Recently, the production lines of Wafangdian Bearing Group in Dalian, Liaoning Province are tense and busy. The equipment is running efficiently, the operators are performing their duties, and the orders are quickly rushed. "While doing all the protective measures, we have repeatedly communicated with customers in Europe, America and the Asia-Pacific region to determine the delivery schedule of the ordered products and made products in three shifts." Su Zhongan, General Manager of Waxon High-end Automotive Bearings Liaoyang Branch, 4 Orders for the month are still growing.

Wuhan enterprises that are emerging from the epidemic are not far behind in resuming production.

In Wuhan Iron and Steel Co., Ltd., 5 blast furnaces and 9 converters are running at full capacity, and production lines such as hot metal, steelmaking, hot rolling, and silicon steel are being fully produced. The latest data shows that the average daily output of molten steel, molten steel and steel products of Wuhan Iron and Steel has reached 38,800 tons, 39,900 tons and 38,000 tons, respectively, and the planned progress has been completed. During the epidemic prevention period, WISCO still achieved a contract delivery rate of over 95%. "Our goal this year is to complete the challenge goal of 5.5 million tons and insist on full production every day. We are confident to recover the lost time!" Li Chuan, Process Supervisor of the Second Branch of Wuhan Iron and Steel Hot Rolling Plant.

Manufacturing machinery roared, and the service industry continued to expand. Not long ago, China ’s well-known Internet and mobile security products and services provider 360 Group, together with the world ’s top game production and distribution company based in Europe, Wargaming, announced that it will update several popular games in 2020. Game data inheritance, global The version content is synchronized, equipped with a three-line network computer room, and a new gameplay is also launched. "Although the epidemic has affected the progress of the work to a certain extent, the synchronization of global game content versions is a hard indicator of the 360 ​​operations team in 2020." said Zhou Hongyi, chairman and CEO of 360 Group.

From supermarkets to shopping malls, from production workshops to computer rooms, with the deepening of scientific and orderly resumption of production, more and more Chinese companies are striving to regain the "full load" state.

Policies help to show their talents

Behind the resumption of production and production, is the solid support provided by various policies.

For example, the Ministry of Science and Technology issued “Several Measures on the Support of Technological Innovation for Resuming Production and Resuming Production and Stable Economic Operation”, which proposed 18 specific measures in 9 aspects, and made systematic arrangements for the steady development of the economy supported by science and technology, focusing on supporting technology-based SMEs and High-tech enterprises; the People's Bank of China provides policies for the resumption of production and production of Danone through the guidance of lowering loan interest rates, providing precise support for refinancing and re-discounting, increasing support for bond financing, and further implementing targeted RRR cuts for small and medium-sized banks. Ample liquidity; the Ministry of Commerce has adopted many measures such as strengthening rural infrastructure construction, accelerating supply chain innovation and application pilots, and guiding enterprises to implement prevention and control measures for the classification of business premises, to promote the recovery of commodity circulation ...

Bao Xianhua, director of the Department of Achievement Transformation and Regional Innovation of the Ministry of Science and Technology, said that since the outbreak, science and technology enterprises, especially the majority of technology-based SMEs, have also been greatly affected. However, with their own technological advantages and core competitiveness, technology-based enterprises have shown strong development resilience, demonstrated the good posture of resuming production and production, and played a leading role. "According to our survey and statistics of 21 provinces and cities, the average resumption rate of high-tech enterprises has exceeded 90%; according to the monitoring of more than 30,000 science and technology SMEs in the national high-tech zone, the average resumption rate has reached 83.3%." Bao Xianhua said.

"According to statistics, at the end of February, the balance of inclusive small and micro enterprise loans of 18 large and medium-sized commercial banks was 5.55 trillion yuan, an increase of 31.8% year-on-year. This growth rate is very impressive. The average interest rate of loans is 5.22%, a decrease of 0.22 from last year. 5 percentage points. Among them, the average interest rate of 5 large banks ’inclusive small and micro enterprise loans is 4.4%, which is also a decrease of 0.3 percentage points from last year.” Zhou Liang, deputy chairman of the China Banking and Insurance Regulatory Commission, said that according to incomplete statistics, deferred repayments are currently implemented. The loan principal and interest of small and medium-sized enterprises amounted to more than 700 billion yuan. Both large and small micro-business owners and individual industrial and commercial households have enjoyed this policy.

Accelerate the release of endogenous power

From blocking the epidemic, to resuming production, and then to achieving production, the recovery of the vitality of the microeconomic main body is accumulating strong energy for the return of the Chinese economy to the right track.

Tisiana Alvarez, a professor of international political economy at the Federal University of Rio de Janeiro in Brazil, said that China ’s epidemic control has achieved significant results, and the rate of resumption of work by enterprises has also increased. These positive factors will be transmitted to the market level. Nicholas Lang, a partner of the Boston Consulting Group in the United States, has analyzed a series of indicators that the Chinese economy has begun to achieve a rapid recovery.

In an interview with our reporter, Cong Yi, a professor at the School of Economics of Tianjin University of Finance and Economics, pointed out that as the epidemic prevention and control have achieved stage-by-stage important results, the economic and social order has been speeded up, enterprises have resumed production and production, and business activities have resumed. More and more, these are positive signs of comfort. But at the same time, we must also see that enterprises still face challenges in maintaining this good state: on the one hand, the overseas epidemic situation is accelerating and spreading, the growth of the world economy and trade has been seriously affected, and the impact of the decline in external demand on coastal export-oriented enterprises may become more apparent. On the other hand, the prevention and control of the domestic epidemic situation is still inadequate. It is necessary to be alert to the repeated risks of the epidemic. The offline entertainment and service consumption needs that are closely related to the tertiary industry may still be affected.

"At present, the relevant parties have introduced many targeted policies. Next, we will support the small and medium-sized enterprises with greater efforts, by subsidizing residents' consumption, accelerating the construction of new infrastructure, and encouraging enterprises to innovate and upgrade. Accelerating the release of endogenous growth momentum will eventually consolidate and expand the advantages gained by epidemic prevention and control for economic development, "Cong Yi said.

Wang Junling