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上海众公司对上海的复工情况以及经济持乐观态度 - 2022年08月01日

Firms Are Confident About Shanghai’s Performance as Local Gov’t Promotes Work Resumption



Companies are confident in Shanghai’s future performance as the local government has been promoting the rehabilitation of the economy since June, Yicai Global found by visiting the city’s Songjiang suburban district.

"We are fully confident about the future of Shanghai and our firm," Yong Junhua, vice president of Jiangsu Tiancheng Smart Systems Group, the parent company of Songjiang-based building intellectualization solution provider Tiancheng Communication Technology, told Yicai Global.

Tiancheng Communication set up a team dedicated to Covid-19 prevention and control at the end of March and adopted multi-aspect production-guarantee measures, Yong said, noting that the outbreak did not impact sales, as in the first half, the firm recorded a gain in operating income and a 30 percent increase in paid taxes from a year earlier.

"The decline in business performance did not affect our recovery forecast and long-term growth prospect,” Cao Zhehui, general manager at Haisu Food Shanghai, a frozen desert and seasoning maker that was authorized by the Shanghai local government to operate during the Covid-19 lockdown, told Yicai Global. “However, this round of outbreak severely hit local catering sectors, with a certain degree of impacts to Haisu's performance."

Haisu’s production lines worked around the clock to ensure supplies to the city during the lockdown, Cao said. All of Haisu’s vehicles participated in the delivery of the materials, he added, noting that none of the team members working in the supply chain had abnormal health codes during the period.

The output value of industrial enterprises above designated size in Songjiang fell 11.2 percent to CNY192.4 billion (USD28.5 billion) in the first half from a year earlier, said Xu Hao, deputy director of the district’s commission of economy and informatization. The figure declined 6.5 percentage points slower in the period from the first five months of the year, as it jumped 17.4 percent to a record high of CNY45.8 billion (USD6.8 billion) in June from the same period a year earlier.

Source: Yicai

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