Many have taken precautionary measures, including providing protective clothing, health checkups and reporting procedures and adopting remote working tools to ensure business continuity and safety.
Implementing similar policies is industrial conglomerate Honeywell — 18 of the company's 21 plants across the nation have fully restarted manufacturing. The Shanghai municipal government has joined a package of national policies to help businesses. It has announced plans to cut loan rates and take other measures to help companies and maintain growth to avoid the spread of the novel coronavirus from taking too much of a toll on the economy.
"For us, the reduction of social security medical insurance payments directly benefits our financial situation." "These measures are conducive to appeasing capital shortages and maintaining overall market stability."
Source: News Formal (newsformal.com)
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