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CHANGSHA, China, March 09, 2020 /Xinhua=KYODO JBN/--

Changsha, the capital city of Hunan Province, is the provincial capital that is the closest

to the epicenter Wuhan. Faced with the outbreak of the "novel coronavirus pneumonia

(COVID-19)", while making efforts on epidemic control and prevention, Changsha also

launched multiple measures to help enterprises to resume work and production and

to lighten the economic impact caused by the epidemic.

According to the Publicity Department of CPC Changsha Municipal Committee,

Implementation Plan on Effectively Reduce Impact of Epidemic and Stabilize

Economic Operation was launched to beef up the vitality of market entities;

twenty measures supporting the small and medium enterprises were introduced to

ensure no one falls behind; over 4200 civil servants were designated to enterprises

as epidemic prevention liaisons to help resume work and production; sixty-one teams

headed for the poverty-stricken areas to hire workers for specific enterprises to resume

work and production.

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Thanks to the strong measures, Changsha, the "city of intelligent manufacturing",

was revived. In the factory of Sany Heavy Industry, nearly one hundred intelligent

robots work in order. The first batch of overseas orders of excavators and bulldozers

from Zoomlion Heavy Industry was sent to south-east Asia. The China-Europe freight

train (Changsha) headed for Europe and central Asia with mechanical products,

automotive parts and home appliances with Hunan features, and brought back woods

and milk powder from Europe to China. From January to February, the running

China-Europe freight trains increased by 142.8% on a year-on-year basis.

Changsha continuously optimizes its business environment and expands the

support of finance to the real economy. Recently, Changsha held conference

between banks and enterprises, with the theme "Battling Epidemic with Financial

Measures". Fifty enterprises signed 48 projects with 14 banks, amounted to 50.2

billion RMB. The pragmatic measures smoothed the platform for the connection

between enterprises and banks, and solved the pressing problems of enterprises.

According to incomplete statistics, since the prevention and control of the

epidemic, banks in Changsha added 153 billion RMB credit extension to nearly

4000 enterprises and granted loans of 89 billion RMB. Focusing on developing

"Three Smart and One Self-control" (smart device, smart internet-connected

automobiles, smart terminals, self-control and information security) and 22

superior industry chains, Changsha provided a richer, stronger and more

convenient financial support to the real economy, which promoted the

sustainable and high-quality development of Changsha economy.

According to local statistics, till March, 1st, 98.3% enterprises above designated

size in Changsha resumed work, all key industrial enterprises resumed work,

87% foreign-funded enterprises above designated size returned to work,

all the new projects among the major project started to work, and 94.3%

of unfinished projects resumed work.

Located at the central China region, Changsha, the capital city of Hunan Province,

is a famous cultural city with thousand-year history. It is an important city in

the Yangtze River Economic Zone and enjoys such reputations as "the capital of

engineering machinery" and "China's Happiest Cities.

SOURCE: The Publicity Department of CPC Changsha Municipal Committee