70% of Key Enterprises Have Resumed the Production in Shanghai from COVID

SHANGHAI, Apr 22 - Shanghai held a press conference on the prevention and control of the pandemic at 10:00 a.m. local time on April 22. Zhang Wei, vice mayor of Shanghai, said that after weeks of efforts, 70% of the first batch of 666 key enterprises, included in the Guidelines for the Prevention and Control of COVID-19 Pandemic for Industrial Enterprises Resuming Work and Production in Shanghai, have successfully resumed work and production, and the capacity utilisation rate of enterprises is also increasing. SAIC, Tesla and other finished vehicle enterprises have achieved finished vehicles off the production line, and related supporting enterprises like car parts manufacturers have also resumed work one after another. The capacity utilisation rate of integrated circuits and top-tier chemical enterprises is also maintained at a high level.