Shanghai rolls out more policies to back epidemic-hit firms

The Tesla Inc Gigafactory stands in this aerial photograph taken in Shanghai, China, on Feb. 17, 2020. Tesla has fully resumed deliveries of its China-built model 3 sedans, according to a company representative, after a pause due to the coronavirus outbreak. - Bloomberg

SHANGHAI (Xinhua): Shanghai's Pudong New Area has introduced a series of supportive policies, including rent reduction and exemption to help companies resume production and reduce the fallout from the coronavirus outbreak, according to local authorities.

So far, 66 per cent of industrial enterprises above designated size in the Pudong New Area have resumed work, said Guan Xiaojun, deputy head of Pudong New Area, at a press conference on Monday.