China promotes resumption of leading manufacturers based on ‘one enterprise, one policy’ arrangement
Published: Apr 19, 2022 03:31 PM
Employees of an auto parts company work at a workshop in Anting Town of Jiading District, east China's Shanghai, March 26, 2022. Photo:Xinhua

Employees of an auto parts company work at a workshop in Anting Town of Jiading District, east China's Shanghai, March 26, 2022. Photo:Xinhua

China's Ministry of Industry and Information Technology (MIIT) said on Tuesday that it will actively and orderly promote the resumption of production of key enterprises taking a joint "one enterprise, one policy" and "one industrial park, one policy" approach, while simplifying the approval process as well as making full use of big data.

Luo Junjie, a spokesperson from the MIIT, made the remarks after the State Council vowed to maintain smooth logistics during a teleconference on Monday via measures including issuing a number of national unified travel passes and not restricting transportation based solely on nucleic test results.

Luo said that the ministry will further improve the "white list" for key enterprises in fields like auto components, integrated circuits, consumer electronic and other sectors, in a bid to ensure stability of key supply chains to maintain the stable growth of economy.

The ministry will provide efficient and convenient trip information services via big data for truck drivers transporting essential goods and materials, in a bid to ensure their normal operation during epidemic prevention and control.

Moreover, it will support financing for enterprises in supply and industrial chains by using financial tools including technology innovation refinancing, to help small and medium-sized enterprises in transportation, logistics and warehousing to relieve cash flow pressure.

China's GDP in the first quarter grew 4.8 percent year-on-year, 0.8 percentage points higher than the fourth quarter of 2021, boosted by stratospheric infrastructure and property investment, experts said, noting that they are expected to buttress more than 5 percent GDP growth. 

The MIIT said that it will fast track new infrastructure construction for three major systems including telecom networks, internet platforms and security infrastructure, improving the effectiveness of key facilities like industrial internet data center to lay a solid foundation for the development of digital economy.

In the first three months of 2022, a total of 75 projects including national industrial internet data center have been put in to operation, and the number of "5G+ Industrial internet" projects under construction reached 2,400.

Luo also noted that the ministry will launch pilot cities for the full electrification of vehicles, accelerating the construction of charging facilities with unified settlement, as China's new energy vehicles (NEVs) maintained strong growth momentum in the first quarter, with the cumulative promotion reaching over 10 million units.

According to the MIIT, from January to March, the production and sales of China's NEVs totaled 1.29 million units and 1.26 million units respectively, both up 1.4 times year-on-year.

Global Times