China is pushing banks to yield 1.5 trillion dollars

In the wake of the epidemic, governments around the world view saving the economy as as as important as fighting it. China's government recently called on banks to yield 1.5 trillion yuan to companies to raise concerns.

 On June 17, the executive meeting of the State Council of China revealed that it would push the financial system to make a reasonable profit of 1.5 trillion yuan to various enterprises throughout the year.

 The report said the policy triggered a heated debate. Supporters argue that a weak real economy could also jeopardize bank profits in the future, allowing the overall economy to recover quickly if "fish with water" is released and that interest-rate cuts would make bank costs lower and "yield benefits" legitimate.

 The government has announced a series of fiscal relief plans, including the issuance of special anti-epidemic debt.

 The epidemic caused the Chinese economy to decline in the first quarter. At last month's two sessions, the government's work report said that financial institutions and loan enterprises co-prosperity, encouraging banks to make reasonable profits.

 At the June 17 meeting, China further clarified the ways to realize the yield, including guiding the interest rate of loans and bonds down, issuing preferential interest rate loans, implementing loans for small and medium-sized enterprises to extend debt service, supporting the issuance of unsecured credit loans for small and micro enterprises, and reducing bank charges. Our mold company also experienced the tax reduction concessions, which is indeed helpful to enterprises, hope the scope of concessions can be greater.

 Bank appropriate "water fish ", economic recovery is more guaranteed. Profit is mainly reflected in the further reduction of interest rates on loans to real enterprises, not some people think that "directly do not bank profits." Lower interest rates on loans are at the heart of profit. He estimated that assuming an annual credit growth rate of 13.5 percent and lending rates falling to an all-time low of 4.76 percent in 2009, bank lending to the real economy through credit channels would reach about 1.18 trillion yuan this year, or 79 percent of 1.5 trillion yuan.

 In addition, according to the team estimates, lower bond interest rates can yield about 70 billion yuan, small and medium-sized enterprises loans extended debt service yield about 230 billion yuan. The sum of the three will reach 1.48 trillion yuan.

Ten years of hard study than other people a paper nationality!

We need the education to be fair -Cnmoulding Share

Peking University announced that the 2020 entrance examination for foreign students will be canceled and changed to a distance interview. Netizen: your ten years cold window may not compare to others a paper nationality! Recently, the Office of International Students of the Ministry of International Cooperation of Peking University issued a notice on the adjustment of the examination plan for the entrance examination project for foreign students in 2020, which made it clear that the written examination of the entrance examination project for foreign students in 2020 would be canceled, and the school would conduct a remote interview for candidates who meet the requirements for registration.

Up to now, top institutions such as Tsinghua University, Peking University, Renmin University of China and Shanghai Jiaotong University have decided to cancel the 2020 entrance examination for foreign students and change it to an interview examination.

If domestic enrollment and international enrollment can not be placed in the same position, then, how to convince domestic students? Although now affected by the epidemic, examinations will continue to be postponed. But as a famous university in China, Peking University should show its strength and maintain its attitude even if it does not recruit international students.

A netizen said: the highest school should have its own inside information and spirit, have their own spirit and spirit, have their own self-esteem and self-confidence, to recognize our own young talent is the future of China, their own strength is really strong foreign students will not come! Different nationalities, different treatments, chilling.

In the bone,“ worship foreign ”, some foreign flowers high price please come over, as the uncle to provide. Different nationalities, different treatments, we firmly do not agree!

why you need a plastic mask shield to protect yourself

How on earth are humans infected with the new coronavirus? A new study by the university of hong kong has shown that the eye may be an "important route" for human infection with the new coronavirus, which is more likely to infect the respiratory tract and conjunctiva of humans than the SARS virus. This explains why new coronavirus is more likely to spread in people than new ones. The study, published May 7 in the world's top academic journal Lancet-Ret Respiratory Medicine, was co-authored by Chen Zhiwei, associate professor at the School of Public Health at the University of Hong Kong's Li Ka-shing School of Medicine.

This study demonstrated that the new coronavirus can infect human bronchus, lung, and conjunctiva by culture the new coronavirus in vitro. The University of Hong Kong (HKU) study confirmed that the new coronavirus can infect the eyes and that the virus can be transmitted through some eye secretions such as tears. This is very important for the prevention and control of infection, and also provides a direct scientific basis for "frequent hand washing" in the requirements of epidemic prevention.

the new coronavirus not only has the ability to replicate in many human tissues, but also has a variety of transmission routes. the study also proved that the new coronavirus has strong replication ability by comparing the replication ability of SARS virus, MERS( middle east respiratory syndrome), influenza a virus H1N1 influenza virus in many tissues. It also explains why the new coronavirus is so powerful that it can quickly spread to more than 3.73 million people worldwide within four months of the outbreak.

As the temperature rises, the traditional mask is stuffy and hot, and the damp mask is not only not protective, but rather unhygienic
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The Impact of the COVID-19 Epidemic on China's Tourism Industry and the ...

The Impact of the COVID-19 Epidemic on
China's Tourism Industry and the Countermeasures

The tourism industry is a highly
environmentally sensitive industry. This sensitivity manifests itself in being
very susceptible to shocks and impacts from domestic and foreign emergencies,
which can lead to severe recessions and landslides, and a tourism crisis.
According to the academic classification of crisis events, the national COVID-19
pneumonia incident belongs to "epidemic infectious diseases", and the first-level classification is "natural and man-made disasters".
Almost all segments in the tourism industry involve crowd gathering and
socialization. Unlike other crisis events that only affect a specific segment,
for example, international relations only affect the flow of entry and exit
passengers. Constitute a comprehensive shock.

1. The status of China's tourism industry
in the national economy

China's tourism industry plays an important
role in the national economy. According to statistics from the National Bureau
of Statistics, from 2014 to 2018, the overall contribution of tourism to GDP
accounted for 10.39%, 10.2%, 11.0%, and 11.04% of GDP, respectively. In 2018,
the comprehensive contribution of China's tourism industry to China's GDP was
9.94 trillion yuan, the comprehensive contribution to global GDP ranked second
in the world, and the number of jobs contributed by tourism industry was 79.91
million, ranking first in the world.

It can be seen that China's tourism
industry plays an important role in the national economy and even the world
economy. The more important tourism is to the national economy, the more the
national economy is affected by it

Impact of the epidemic on China's tourism
industry

The outbreak has had the most severe impact
on the tourism industry, far exceeding the impact of the 2003 SARS outbreak.
Not only because of the continuing uncertainty of this epidemic but also
because of the changes in China's economic structure over the past 17 years,
consumption, especially tourism consumption, has occupied a higher proportion,
and the economic cycle is also in a different position, so the impact on
tourism is not SARS The impact of the period is comparable. And the epidemic
happened just during the Spring Festival, and the resumed work of the tourism
companies involved was postponed. The direct and indirect impact on tourism the industry was reflected in the Golden Week, the first quarter, and even the whole
year.

1.Short-term direct impact

1) Impact on the Spring Festival Tourism
Golden Week: Major organizations predict that the number of tourists during the
Spring Festival in 2020 will exceed 450 million, an increase of 8% compared to
the Spring Festival in 2019, and market size of approximately 550 billion
yuan. Due to the sudden outbreak of the epidemic, the predicted value instantly
disappeared. Although there are no comprehensive statistics on the tourism
industry during the Golden Week, its impact can be seen from the following
data:

(1) Traffic data: The number of passengers
trips in the transportation channel dropped sharply: According to data from the
Ministry of Transport, from January 10 to 31, the country's railways, roads,
waterways and civil aviation sent a total of 1.258 billion passengers, a
decrease of 20.6 over the same period last year. %. Among them, the number of
passengers sent by railway decreased by 10.7%; the number of passengers sent by
road decreased by 22.1%; the number of passengers sent by water decreased by
34.0%; and the number of passengers sent by civil aviation decreased by 14.4%.

(2) Number of people traveling during
Golden Week (New Year's Eve-New Year's Day New Year): If you look at the data
during this year's Spring Festival Golden Week, the decline will be even
greater. The seven days from New Year's Eve to the sixth day of the Chinese New The year were originally the week with the largest number of travelers during the
Spring Festival. The 2019 Chinese New Year Golden Week (February 4 to February
10) had a total of 421 million seven-day travelers. From January 24 to January
30, the total number of trips across the country was only 152 million, a drop
of 63.9% year-on-year.

Subsequent impact

From the perspective of tourism supply, the
tourism industry as a whole has been affected. At present, all people in the
travel agency industry are unemployed, travel agencies are losing money, small
and medium travel agencies are facing closures and closures; hotels have been
suspended.

In the short term, the leasing rate has
fallen sharply, and business income has been hit hard. Many companies are even
in a basically closed state; flights have been canceled or grounded, and
inbound tourism has been severely damaged. Scenic areas have also been required
to be completely closed, unable to generate revenue, and they may We cannot
immediately welcome a rebound in passenger flow; the market value of stocks in
the tourism sector has fallen sharply, stocks in sub-sectors such as scenic
spots, travel agencies, and restaurants have fallen sharply; wages for
employees in the tourism industry have shrunk sharply.

From the demand side, due to the severe situation of the epidemic, the willingness of tourists to travel has decreased
sharply. Actually in culture and tourism

Before the notice of the General Office of
the Ministry of Tourism was issued, many consumers had taken the initiative to
cancel their travel plans during and after the Spring Festival to avoid the crowd
gathering and outing activities.

Therefore, at a critical juncture of the
people's fight against the epidemic, the domestic tourism industry is facing an
empty window period, or even an unprecedented industry crisis, and the entire
industry chain will suffer huge losses.

2. Long-term indirect effects

The indirect impact of the epidemic on the tourism industry has been reflected for a long time, and the lowest performance
of the tourism industry appeared in the two quarters after the outbreak.
Concentrated performance is that the epidemic has a long-lasting impact on the
performance of the tourism industry and has a certain lag, which shows that
consumers' willingness to travel is difficult to recover in the short term.
Outbound and inbound tourism may experience a downturn for a period of time,
and the degree of impact depends on the speed of epidemic control and the
implementation of overseas control measures and tourism revitalization plans.
The long-term indirect impact is specifically manifested in the following two
aspects:

1) The tourism market has started to
shrink, and conferences and exhibitions have been postponed or canceled.

2) Changes in tourism psychology, public
fear and anxiety have shaken consumer confidence and willingness to travel to a
certain extent.

Challenges facing the industry

On the whole, the epidemic will bring
challenges to China's tourism industry, participants in all links of the industry
chain, and international tourism cooperation. It can be summarized as income
loss, tackling cash flow difficulties, handling aftercare, and close
international cooperation.

1.      收入损失

1.Loss of income

The domestic tourism market mainly relies
on three periods to make money: the Spring Festival holiday, the summer holiday
and the National Day holiday. Due to the epidemic situation, tourism revenue
during the Spring Festival holiday has been greatly reduced, which is
equivalent to a direct loss of 1/3 of the national tourism industry. According
to the analysis of the 21st Century Business Herald by Wu Bihu, director of the
Tourism Research and Planning Center of Peking University, "If you
estimate based on optimism that the three-month closing period will be reduced
by 60% and the three-month recovery period will be reduced by 30%, the national
tourism industry is expected to lose close to 3 this year. Trillion yuan.
"

2.Difficult cash flow

For tourism companies, in addition to the
loss of business income, the cash flow gap is also a major challenge caused by
the epidemic. The cancellation of orders within a short period of time has made
the cash flow of upstream suppliers, such as airlines, travel product
suppliers, midstream distributors, such as travel agencies, online travel
platforms, agents, etc., and the entire industry very tight. If the strength is
not enough to cope with the difficulties, it may choose to lay off staff or
reduce wages in the early stage. However, if the domestic tourism market
continues to be depressed for more than 3 months, it means the risk of capital
chain breakage. Facing a broken capital chain and bankruptcy.

Aftercare work

After the epidemic, massive cancellations
made all links face huge processing pressures. For example, online travel
platforms and airlines need to rebuild the free refund system in a short period
of time, it is difficult to carry huge orders in the midstream, the upstream
and downstream conflicts, and travel contracts. Disputes, international cooperation,
etc.

The epidemic situation constitutes force
majeure. Due to the adjustment of tourist itineraries, especially for tour
companies that have refunded groups and fees, multiple industries, multiple
fields, and even multiple countries or regions are involved. There will
certainly be discrepancies in the understanding of related laws and
negotiations to resolve subsequent issues. Therefore, the contradictions and
contract disputes that may be caused in the future are potential derivative
problems.

In addition, tourism is naturally
international, and affected by the epidemic, a great deal of bilateral and
multilateral cooperation is required. For security reasons, many countries or
regions around the world have adopted immigration management measures for
Chinese tourists and information such as international flights is also subject
to change. How to ensure the safety and health of millions of inbound and
outbound tourists, and to prevent the spread of the epidemic, requires close
interaction in various fields of the visa, aviation, immigration, customs,
public security and tourism sectors, and a great deal of bilateral and
multilateral cooperation.

Coping strategies

   In response to the impact
and the challenge of the epidemic on the tourism industry, China's tourism industry
should take measures from the following aspects: 1. Government and tourism
industry

1) Do a good job of prevention and
treatment in the tourism industry

Continue to strengthen the command and
dispatch of the entire industry, tourism administrative departments at all
levels should set up special leading groups to respond to the epidemic, adjust
their work deployment in a timely manner, and do a good job of prevention and
control in the tourism industry. For example, each tourism business unit is
required to strictly perform cleaning and disinfection, do scientific
prevention and control, and ensure that domestic and foreign tourists and
tourism industry staff are not infected at all aspects of the tourism reception.
And specially formed a supervision and inspection team, sent to various places
to check the implementation. We attach great importance to the health and
safety of inbound tourists, and work with civil aviation, customs and other
relevant departments to prevent and control them.

2) Special subsidies and support for
tourism companies

Under the influence of the epidemic, the tourism industry has suffered heavy losses, coupled with some free refund
policies and many enterprises have caused huge losses and difficulties in cash
turnover. The government should help the tourism industry recover as soon as
possible to avoid the collapse and stability of a large number of small and
medium-sized tourism enterprises. Tourism employment, special grants for
tourism, increased tourism development funds, and even loan programs.

3) Develop a tourism revitalization plan

The government should actively formulate a
plan for the promotion of the tourism industry. The prevention and marketing of
the tourism industry and marketing and promotion should be two-pronged so
that people's lives can return to normal conditions as soon as possible. Once
the epidemic is over, a tourism revitalization plan will be implemented
quickly, from restoring domestic tourism confidence to global publicity and
attracting inbound tourists to revive China's tourism economy.

It is recommended that tourism
administrations, such as the National Tourism Administration, formulate the following
overall revitalization plan for the tourism industry:

(1) "Safe China" plan

Once the epidemic is under control, the
National Tourism Administration will work with other related industries such as
civil aviation, restaurants, travel agencies, etc. to quickly launch this
tourism promotion plan to eliminate the psychological impact of the epidemic on
domestic and foreign tourists and reshape China's safe tourist destination
image of. Infectious virus is a safety hazard, which will have a long-term impact
on people's psychology. After the crisis, people will also have long-term
sequelae in their hearts. On the one hand, the government should urge tourism
enterprises to implement all precautionary measures to provide a safe tourism
environment. On the other hand, the government should restore public confidence
and stimulate tourism consumption through transparent information distribution
channels and communication methods. For inbound tourism, it is also possible to
improve the tourism security protection scheme. For example, in the Chinese
tourism stage, if tourists are infected with local infectious diseases locally,
they can get corresponding medical compensation. It is hoped that the
protection scheme will build the confidence of tourists in China.

(2) "Enjoy going out" plan

Introduce and implement the plan to encourage
citizens to go outdoors and go nationwide, thereby restoring domestic tourism.
After the epidemic, we must increase media propaganda, strengthen the
construction of high-quality tourism products, and restore and stimulate
domestic tourism consumption. After the epidemic, the government can implement
measures such as free or half-price attractions, or cooperate with travel
agencies, online travel platforms, and hotels to provide consumer subsidies.
While stimulating tourism consumption, it will also promote travel agencies,
transportation, catering, and other industries Revenue.

(3) "Beautiful China" plan

Compared to reviving the domestic tourism
industry, stimulating inbound tourism is more difficult. The panic caused by
the epidemic worldwide can be highlighted by restrictions on flights to and
from China from various countries, charter flights to Wuhan for the
repatriation of citizens of their own country, and even the beatings of Chinese
students in Germany. In the short term, residents' impressions of the epidemic
in China will not disappear so easily. After the revival of tourism in China,
inbound tourists can be targeted to stimulate inbound tourism.

First of all, international tourism
promotion must tell the story of China and link a number of Chinese tourism
features and events in the global tourism promotion plan to promote the
recovery of inbound tourism. Secondly, tourism companies can provide: more
customized itinerary arrangements to increase their itinerary satisfaction;
more convenient services, including air tickets, restaurants, attractions,
restaurants, visas, tax refund procedures, etc .; more attractive prices, etc.
Attract tourists from inbound tourism. The National Tourism Administration may
draw up a set of incentives to encourage tourism companies to promote the
"Beautiful China" tourism plan. Relevant companies in the tourism
industry chain can cooperate and jointly launch promotional and incentive
travel programs for major source countries, such as preferential flight and
travel package itineraries, and various hotel, restaurant, and ticket price
discounts. It can also target non-tourist travelers to attract more tourists
to China to promote themed tourism, exhibitions, medical treatments, study
tours, education and other themed tourism, and package promotions according to
the characteristics of each market to meet the needs of tourists in different
market segments.

(4) Strengthening tourism regional
cooperation

Each tourist area in the country opens its
own market removes obstacles to tourism development and creates barrier-free
tourist areas without policy barriers, market barriers, traffic barriers, and
service barriers, providing tourists with a loose policy, smooth traffic, and
mutual benefit A mutually beneficial and satisfying tourism environment.
Further expansion in the intensity, depth, and breadth of regional tourism
cooperation has made the cooperation subjects more active, the cooperation
levels have been more abundant, the cooperation content has been more
comprehensive, and a win-win situation has been reached.

 For tourism companies

In addition to actively controlling the
epidemic situation in accordance with national and industry requirements,
tourism enterprises should also actively carry out the following self-rescue
activities:

1) Adjust the focus of work in the short
term and strengthen self-construction

The epidemic situation cannot be recovered
in a short period of time. During this period, tourism companies are bound to
bear losses on their own. Tourism enterprises should take emergency measures to
reduce expenditures, strengthen their own construction, strengthen internally
management, do a good job of training tourism professionals, enhance
competitiveness, and build brands to self-improve while resting, to lay the
foundation for the next stage of development To "turn disadvantages into
advantages". For travel agencies, management and personnel training can be
strengthened, costs can be reduced, and new routes and new product development
can be discussed. For the hotel and hotel industry, due to the large scale of
the industry, it is possible to arrange employee vacations and conduct business
training for employees when it is difficult at present to Reduce costs. At the
same time, you can also develop catering and takeaway businesses to increase
income. You can also reduce house prices to attract customers at low prices.
For scenic spots, you can strengthen scenic spot construction, new product
development, and scenic area management.

 Cost control

For an enterprise, the security of funds is basic to ensure its survival in the market. Even with government support
and assistance, the enterprise itself must digest the cost losses caused by the
epidemic. Tourism companies of all sizes must evaluate and Decisions, including
layoffs, business integration, corporate integration, and other decisions.

 Pre-order / low price promotion

Develop a pre-order / low-price promotion
strategy in advance. After the epidemic situation recovers, tourism companies
can better control costs through pre-purchase or low-price promotions and other
programs, and attract consumer spending, including booking and promotion of
hotels, transportation, and scenic spots.

we hope my article has some help for you.

Author: Cnmoulding(China)

How do we allocate our assets

Cnmoulding believes that the economy is in a downturn and there is no way to avoid a big boom. Intuitively:" This will be an interesting event because we have a wealth of infrastructure. We have reached the peak of the rich world, and it is falling rapidly, and I am using the metaphor of $8000 SUV to get food from the government's food center. We will be in life without good things, which will become the norm. We're bound to get into trouble.

 A few years ago, we predicted that interest rates would fall. The ten-year national record is now close to record lows. Do you think interest rates are lower? Yes. I think we need to lower interest rates until people start to smell hyperinflation. You know I've been a generalist for years. I think in the face of vicious expansion, we must cross the chain. This doesn't require high-interest rates, because wherever we are, we all carry heavy debt, even 2%. Akerman says ten years of national market yields have reached ". 0.25%
 Is real estate safe? Or:" What do you do when the property sinks? Would you like to send the mortgage check to the landlord on behalf of the landlord? When you think real estate is open, it will be traded at the February price. we will get a 25% reduction. Because we have to deal with a lot of termination contracts. lowest, real estate will fall by 25%, which will bring us close to 2007-2008, and the national real estate lost its value by about 33%. I have said for a long time that real estate will fall by 70%, while the second house may fall by 90%. But I think next time we'll reduce the value of the whole house by 70%.

 It is a common phenomenon that governments around the world are now over-spending their currencies and that "governments are now paying for a lot of debt ". So he likes short-term cash and long-term gold. We think:" What do we use to buy things now? We almost use credit cards or cash. I don't think the financial system will survive the collapse of the derivatives market. You don't know when - like no one knows coronavirus is coming.
 It's better to invest in gold because "gold will remain valuable even in trading, trading and breaking contracts ".
 Finally, I still think that inflation is a bad thing after the deep penetration of the goods. I have to admit that the dollar was printed indefinitely and may have to. Unless the state collapses are declared, the result is bad inflation. financial market solutions.

I'm ready to live with this country

From "protect six" to "six guarantees", it is to ensure the employment of the residents, the basic livelihood of the people, the main body of the people, the food and energy security, the stability of the supply chain of the industrial chain and the operation of the basic layer. This shows that this year is really bad, the original guaranteed growth has become stable. Real-world
 Now into who is worse than who. True relief is self-help, enterprises must first find ways to save themselves.

 A sudden outbreak of the new crown is making many small and medium-sized enterprises experience the experience and test of survival. The survival and development of small and medium-sized enterprises have also added new challenges, especially catering, hotels, tourism, physical retail industry, its business situation has caused a wide range of society。

 General attention.

 General Secretary Xi Jinping presided over a meeting of the Standing Committee of the Political Bureau of the CPC Central Committee, explicitly demanding that normal economic and social order be maintained. While strengthening the prevention and control of the epidemic situation, we should strive to keep production and life stable and orderly. How can our business find its own way to save itself.

 The survival of small and medium-sized enterprises has reached a critical moment!

 Recently, with the new coronavirus infection pneumonia epidemic this "black swan" economic effect gradually appeared, enterprises, especially small and medium-sized
enterprises production and operation situation has aroused concern. How much is affected by the epidemic? Large and medium-sized enterprises and premises in services
 Industrial enterprises are seriously affected by the epidemic situation, and small and micro enterprises are relatively less affected. Our mold making and injection molding manufacturing should belong to small and micro-processing enterprises, as long as their own control is good, should support more than 1 year is no problem. Now the whole
global supply chain has a big problem
 The next wave of unemployment is inevitable.
 How to rescue affected enterprises? We suggest that the state in a certain period of time to exempt enterprises from five risks a gold fee and taxes and so on. At the
same time, it is imperative to concentrate on eliminating the epidemic first and wait until it is over
 To explore solutions. "The real relief is self-help, enterprises must first find ways to save themselves."  We must first define clearly what is small and micro-enterprise, what is a medium-sized enterprise, what is a large enterprise? In my opinion, enterprises with more than 5 people and less than 50 people are small and micro enterprises, and enterprises with more than 50 employees are medium-sized enterprises. Meanwhile, coastal cities are affected.
 The smallest noise, the most hit must be the inland city and the three northeastern provinces. A large number of returning entrepreneurs and unemployed returnees have had an impact on social stability.
   Small and micro enterprises are mainly self-employed, the workplace, food, and accommodation are at home, the cost and profit are not high. In contrast to large and medium-sized service enterprises, small and micro enterprises are generally not seriously affected by the epidemic (not to say that small and micro enterprises are not affected) small and micro enterprises are exempted from tax Fish farming is really helpful. It is more important to help small and micro enterprises cut taxes and taxes. Even without the outbreak, small and micro enterprises should have been tax-free, small and micro-enterprises have no tax to pay. Internationally, small and micro enterprises in other countries do not have to pay VAT.

Small microenterprises

 Does the industry still need to pay enterprise income tax? Ordinary small and micro enterprises to remove rent, wages, borrowing high interest and other costs have not much left. Large restaurants, hotel chains, tourism real estate, and other large and medium-sized enterprises in the service industry are seriously affected by the epidemic. In addition, the real estate industry was more affected by the epidemic. Because the first quarter was originally the peak season of real estate sales, now

no one to buy a house, at the same time the housing enterprise capital flow problem has been prominent, housing enterprises in the absence of income at the same time to pay back bank loans, I believe there will be a lot of real estate enterprises that will fall. And the biggest problem in our manufacturing industry is labor and rent costs, and the government can first reduce the rent to help the manufacturing industry. Of course, manufacturing is already overcapacity, do not worry too much about

the impact of the epidemic. From the auto industry,2019 auto sales and output are falling, no matter dealers, manufacturers have a lot of inventory. In this case, the car production line stops for twenty days a month, will not be in a mess. Enterprises must also truly reflect the situation, some enterprises ill-intentioned, with the help of disaster innovation, take advantage of the fire to rob, scare the government. Loan fraud and relief can happen.
　　
 Many of the problems of China's economy and private enterprises have not been caused by the epidemic, many of which have always existed, but the epidemic has made some problems more prominent.
 Now the global economic situation is not good, China's economy a lot of problems have not been resolved, I am ready to live with this country.