Prognosis
Shanghai Unveils Business Restart Plan on Supply-Chain Woes
- Government tells businesses to make plans for resuming work
- Financial center has been locked down more than three weeks
Residents take part in a round of Covid-19 testing during a lockdown in Shanghai, China, on April 14.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Shanghai published plans to resume work in the city after weeks of Covid-19 lockdown snarled supply chains and dealt a blow to the Chinese economy.
Businesses should formulate plans for closed-loop management, where workers live on-site and are tested regularly. They should also apply for approval to restart production with Covid-control authorities, Shanghai’s Economic and Information Technology Commission said in a statement on its WeChat account. The agency did not provide a timetable.