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China to take global lead in economic recovery: analysts

2020-04-11 09:43:38       source:Global Times

April 10, 2020


Even after the city lockdown was lifted, Liu Qi, a taxi driver in Wuhan, Central China's Hubei Province, said he only had half the number of fares compared with before the coronavirus pandemic, as residents remain on high alert over its resurgence and are choosing to stay home. Ma Ming, manager of a local food market, said that 500 vendors haven't earned a penny for the past two months, and are still anxiously awaiting a full resumption of business.

In the major manufacturing and export hub of Ningbo, East China's Zhejiang Province, Chen Jie, deputy general manager of Ningbo Yikade Electrical Appliance Technology Co, said that production lines have been busy producing generators over the past month, but new export orders have been suspended due in part to port closures overseas, and workers could be furloughed if no new orders come in soon.

In the border city of Aksu in Northwest China's Xinjiang Uygur Autonomous Region, the owner of a local garment factory said that the company was facing a "serious shortage of cash" to purchase essential materials to keep it running. Local farmers are counting on government support for securing everything from seeds to fertilizers to start the planting season. 


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