70% of 666 listed key enterprises in Shanghai reopen

Employees work at the Tesla Gigafactory in Shanghai, Nov 20, 2020. [Photo/Xinhua]

About seventy percent of 666 key enterprises have resumed work and production in Shanghai with a growing capacity utilization rate, Zhang Wei, deputy mayor of Shanghai, said at Shanghai’s latest press conference on COVID-19 containment measures on Friday.

Lingang automobile plant of SAIC Motor Passenger Vehicle Company and Tesla’s Gigafactory in Shanghai have achieved production of whole vehicles while supporting car part manufacturers have also joined the ranks of work and production resumption, witnessing an increasing production rate and capacity utilization rate.

The capacity utilization rates of backbone integrated circuit and chemical enterprises remain at a relatively high level.

“We hold a firm belief that more enterprises will be back in operation in an orderly manner with the turning point of Shanghai’s COVID-19 epidemic around the corner,” Zhang added.

(Compiled by Chen Rui)