Wuhan Press "Restart Key" To Resume Production And Speed Up Nationwide

Since 0:00 on April 8th, Wuhan has lifted the control measures from the Han to Yi Corridor, and has resumed external traffic in an orderly way. Wuhan's economic and social activities press "restart key", urban traffic and business vitality recovery, while major investment projects, industrial enterprises above designated scale return to work gradually.

Looking at the whole country, all trades and professions resumed work and resumed production to speed up. Major projects resumed work in full swing. At the same time, electricity consumption, value-added tax bills, PMI and other data began to show signs of recovery. A series of economic policies gradually came into effect, and the power of economic recovery is accelerating.

Wuhan press the restart button to restore economic vitality.

Wuhan's economic and social activities are turning from "pause" to "comprehensive restart". From 0 o'clock in April 8th, the city of Wuhan removed 75 control points from the Han channel. At the same time, on the basis of the resumption of the operation of 316 bus lines in the early stage, 30 bus routes were resumed, and the network scale was restored to 70% of the total network. Meanwhile, the Wuhan Rail Transit Line 8, tram, ferry, the city long-distance bus terminal and the passenger transport line in the city area also resumed at the same time.

Reporters were informed that as of April 7th, in addition to the formats such as movie theaters, bookstores, KTV, gym and other restricted list, many shopping malls and shopping centers in Wuhan have resumed business.

While urban traffic and business vitality are restored, the resumption of work and production is also accelerating. In Optics Valley, according to the requirements of East Lake high tech Zone "Yun Shang Fu, limited complex and gradually resumed", nearly 200 Internet companies have completed online resumption.

According to the headquarters of the Hubei new coronavirus pneumonia epidemic prevention and control headquarters, as of April 4th, the city's Industrial Enterprises above Designated Size started 2853 households, with a starting rate of 97.2%, 429 thousand employees to posts, and 60.5% of the posts. The electricity consumption of industrial enterprises has also been restored to 80% over the same period last year. Overall, Wuhan's resumption of work resumed production is faster than expected, better than expected.

In order to rush back the delay time and focus on production and production, a number of leading enterprises such as Dongfeng Honda and Wuhan Iron and steel company have achieved full load production. Meng Wukang, director of the Wuhan Municipal Development and Reform Commission, said that as of April 4th, more than 100 billion yuan of major projects had restarted 1006 projects, with a turnover rate of 75.9%, with a total investment of 2 trillion and 395 billion 520 million yuan, including 190 industrial projects, 394 real estate projects, 287 infrastructure projects, 135 social projects and other projects, focusing on key industries such as automobiles, information technology, biomedicine, and 5G city electricity. Net, rail transportation and other new infrastructure areas.

It is reported that the next step will be Wuhan's efforts to increase the intensity of dispatching, simplify the examination and approval links, increase the rate of return to posts and ensure the supply of materials, and strive to return to work in the middle of April with a major project of more than 132 billion yuan. In the near future, Wuhan will also carry out a number of major projects to focus on the resumption of work. It is estimated that 79 new projects will be launched, with a total investment of 157 billion 800 million yuan.

National reemployment accelerated to run many industries now warm

With the reintroduction of Wuhan's resumption of work force, the resumption of work and rehabilitation in all parts of the country is accelerating with the spirit of no time to wait.

Electricity consumption is a barometer and a thermometer for economic operation. According to the national development and Reform Commission data, the electricity consumption in March showed a marked recovery after the electricity consumption continued to decline in the first two months of this year.

Henan power grid in April, 2 kilowatt hours of electricity consumption, an increase of 0.5% compared to the same period last year, five consecutive days over the same period last year; Anhui power grid in April, 2 power consumption reached 542 million kilowatt hours, an increase of 4.02% over the same period, continued to grow for tenth days; Hubei province 31 electricity consumption in March 31 kilowatt hours, to the 95% level of the same period last year...... The rapid recovery of electricity in all parts of the country confirms the speed of resumption of production and production.

The big data of VAT invoice outlines the process map of resumption of production and resumption of production in China. The State Administration of Taxation's high value-added tax invoice data show that the national enterprises resumed production, re manufactured and sold back to the market week by week. At present, the amount and number of the invoices exceeded 80% of the comparable value last year.

From the Ministry of industry's investigation, the situation of industrial economy in March is obviously better than that in the first two months.

Data show that as of March 28th, the national average rate of industrial enterprises was 98.6%, and the average rate of re employment was 89.9%. The recovery rate of SMEs has reached 76%, and the average daily growth rate has increased by more than 1 percentage points since March. The key foreign trade enterprises in China have basically returned to work, and the proportion of key foreign trade enterprises with capacity recovery rate exceeding 70% has reached 70%. The recovery rate of large chain supermarkets and agricultural wholesale markets exceeded 99%, and the recovery rates of catering, accommodation and housekeeping enterprises reached 80%, 60% and 40% respectively.

Major railway projects in China have basically resumed, and a number of major railway projects such as Beijing Shenyang high speed rail and other major railway projects are being speeded up. A number of major highway projects such as Beijing to Xiong an expressway have been speeded up. Major energy projects and major foreign-funded projects have basically resumed. BMW's largest production base, Shenyang brilliance BMW third factory, is stepping up after its resumption. As of March 20th, the recovery rate of 11 thousand key projects was 89.1%.

The national public transport and rail transit all recovered. According to the Ministry of transport data, all the 31 provinces (autonomous regions and municipalities) and the Xinjiang production and Construction Corps at all levels and above have restored the ground bus service. Prior to this, 41 cities that have opened urban rail transit have also been restored to operation.

Regulation and stability expectations

Condense the power of economic recovery

Over the past two months, after the hard work of the whole country, the epidemic prevention and control has achieved important results, and the economic and social order is accelerating. The strength of China's economic recovery is gathering and confidence in its development is growing.

Macroeconomic indicators show that China's economy is expected to improve. According to the National Bureau of statistics, the PMI of manufacturing industry in March was 52%, up 16.3 percentage points from last month. The index of non manufacturing business activity was 52.3%, 22.7 percentage points higher than that of last month; in March, the comprehensive PMI output index was 53%, up 24.1 percentage points from last month. Obvious changes have taken place in the production and operation of enterprises, and enterprises' expectations and development confidence are rising.

"The breadth and depth of the impact of the epidemic are beyond expectations. However, judging from the nature and trend of the changes in the main indicators, the impact of the epidemic is short-term and overall controllable." Sheng Lai Yun, deputy director of the National Bureau of statistics, said that as long as the economy recovered faster after the two quarter, the opportunity to make up for losses later was bigger.

Taking consumption as an example, it is preliminarily estimated that consumption demand of China's epidemic is about 1 trillion and 500 billion yuan, which is expected to be released gradually after the end of the epidemic, and there will be a consumer rebound or even a retaliatory rebound.

Data show that in the first two months, the online retail sales of physical goods increased by 3% over the same period last year, and the new mode of new business, such as fresh electricity providers, telemedicine, online education and online office, expanded rapidly. The explosive growth of online consumption and intelligent economy has hedged some negative effects and opened up new space for the development of high quality economy.

Although the epidemic has a significant impact on the economic operation, China's economy has great resilience and potential, and the long-term trend towards good will not change. This confidence comes from the strong material foundation of our country for many years. It comes from the fact that our country still has a large scale market advantage. It comes from the strong adaptability and development tenacity of our economy. It also comes from China's constantly improving economic system and macro-control policy.

In order to win the fight against the epidemic and reduce the impact of the epidemic on the economy, the relevant departments responded for the first time, focusing on the impact and impact of the epidemic, closely monitoring the economic operation, studying and formulating effective policies and measures, launching the four batch of tax reduction and reduction policies, phasing out the payment of public funds and social security premiums, helping small and medium enterprises to tide over difficulties, and actively and orderly promoting major projects. Resumption of work and other policies "timely rain" successively landing.

Next, macroeconomic regulation and control will be more effective and effective. The proactive fiscal policy is more positive and effective. Prudent monetary policy is more flexible and moderate. We need to speed up the release of domestic market demand, expand household consumption, increase effective investment, relieve difficulties for enterprises, unswervingly expand reform and opening up, and stabilize foreign trade and foreign investment. A bigger package of initiatives is ready.

"The impact of the epidemic will not change the basic trend of China's economic stability and long-term improvement. After this storm and baptism, the momentum of China's economic transformation and upgrading and high-quality development will be more obvious and strong. Sheng Laiyun said.