An online dialogue was held Thursday morning to discuss Nanjing's incentive policies during the COVID-19 pandemic.
The organizers, European Chamber of Commerce Nanjing Chapter and China-Britain Business Council, invited representatives from various departments of Nanjing Government to answer the questions from 70 member companies. With the current situation, the dialogue was held via an online platform.
The officials from the Nanjing Government first introduced relevant measures and policies on resumption of work, epidemic prevention and safe production, social insurance and tax relief, support to SMEs, and latest exit and entry policies.
Some of the foreign-funded enterprises' deepest concerns were answered in the dialogue, for example, the employees' payment during the epidemic.
"Overall it is a good event with a lot of officials providing transparent information," said Andreas Risch, Managing Director of Fette Compacting (China) Co.,Ltd. "Good response to the questions."
According to Zou Weike, Deputy Director of the Nanjing Municipal Bureau of Commerce, 3,463 foreign-funded enterprises in Nanjing have resumed work as of March 31, taking 94.1% of the total.
All of the foreign-funded enterprises above designated size have resumed work. Almost 90% of the production capacity has been recovered, said Zou.
During the COVID-19 pandemic, Nanjing has released a series of incentive policies to help foreign-funded enterprises get through the difficult time. "As the medical provider, Raffles Medical has 2 clinics in Nanjing for around 20 years," said Maxim Hua, Area Manager of Raffles Medical. "We experienced SARS, and now coronavirus. We know our government is making massive beneficial decisions to keep this city safe."
"During this period, we follow the practice policy and receive great support from local government, which allow us to contribute our effort to provide medical service for people in Nanjing," he said.
"At the early stage of the COVID-19 pandemic, European businesses have actively participated China's fight against the virus by donating money and medical supplies," said Bernhard Weber, Board Chair of Nanjing Chapter. "China's victory in the fight against COVID-19 has set a good example to the world."
"The incentive policies have helped our members during the epidemic," he said. "We specially want to thank the government for its support to SMEs."
"We also want to thank the government for sharing the policies to European businesses," he added. "I believe our economy will overcome the temporary difficulty steadily and thrive again."