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Shanghai Seen Accelerating Resumption Of Production-CCTV

CHINA PRESS
MNI (Singapore)

Leading indicators signal that the resumption of work and production in Shanghai and the whole Yangtze River Delta Economic Zone has accelerated after a two-month Covid-19 lockdown, CCTV news reported. An estimated 96% of 9,472 industrial enterprises have reopened so far, with their production capacity reaching 69%, CCTV said. The production capacity of key integrated circuit companies in Shanghai is above 90%, while the production of automobiles reached 70,000 units in May, more than tripling from April, CCTV said.

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