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Coronavirus: over 70 per cent of Chinese businesses will have returned to work by next week, survey shows

  • According to the survey by Chinese recruitment site Zhaopin.com covering 1,644 companies, one in five firms in China remain unsure when they will return
  • Due to the outbreak of the coronavirus, which had killed nearly 500 people in mainland China by Wednesday, the Lunar New Year holiday had been extended

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According to the survey covering 1,644 companies, over 54 per cent had already resumed operations after the extended Lunar New Year holiday, with a further 18.9 set to return on Monday. Photo: AFP

Over 70 per cent of businesses in China will have resumed operations by the start of next week despite the coronavirus outbreak, according to a survey by Chinese recruitment site Zhaopin.com.

More than 54 per cent of the 1,644 companies surveyed had already resumed operations after the extended Lunar New Year holiday, with a further 18.9 set to return on Monday, the survey said.

But nearly one in five companies in China, or 18 per cent, have adopted a wait-and-see approach to the outbreak and currently have no plans to resume operations, according to the survey.
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The remaining 8.6 per cent is made up of companies who did not directly respond to the question, opting to indicate “others.”

Due to the outbreak of the coronavirus, which had killed nearly 500 people in mainland China by Wednesday, China extended the Lunar New Year holiday to the start of this week, although several municipality and provincial governments have announced further extensions until the end of this week.
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Half of the state-owned enterprises and joint ventures tracked by the survey returned to work this week, the highest ratio among all types of firms, while more than 30 per cent of foreign invested companies have opted to delay the resumption of their activities until next week.

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