The latest statistics show that all the Fortune 500 industrial enterprises in SIP have resumed operations after a short closedown due to the outbreak of the coronavirus disease (COVID-19) epidemic. According to the statistics, although the epidemic is still ongoing, about 3,000 enterprises in SIP have restarted their operations. 

In the factory of French cosmetics conglomerate L’Oreal, the workers are busy at their posts on the production line. The company disclosed that 50% of its workers have been back, while the others are expected to be in place by the end of this month.

Samsung Electronics (Suzhou) Co Ltd, an arm of South Korean multinational conglomerate Samsung, has reported a better condition, with 1,722 of its 2,208 employees already back to work. AU Optronics (Suzhou) Corporation, a branch of Taiwan-based electronics manufacturer AU Optronics (AUO), has seen 70% of its staff (over 8,000 in total) back. 

The enterprises’ fast resumption of operations cannot be separated from SIP’s all-around efforts to fight against the virus and secure local economic development. 

SIP Administrative Committee and CPC SIP Working Committee on Feb 14 released “Several Opinions of SIP on COVID-19 Prevention & Control and Bolstering Steady and Sound Development of Enterprises”, announcing 15 policies to offer enterprises tax breaks, subsidies and more considerate services to help them get through the hard time.

On the other hand, SIP authorities at all levels are enhancing inspections over local enterprises’ anti-epidemic measures, taking multiple measures to ensure enough supplies for their operations and their staff’s daily life, and helping solve other difficulties caused by the epidemic.

SIP authorities’ fast and effective response to the epidemic has gained the investors’ trust and boosted their confidence. It is learnt that three foreign-funded enterprises including Endress+Hauser, Aptar and Spellman are making deployment to expand their investment in SIP.