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New Crown Pneumonia | Zhong Guobin: The situation of import, export and manufacturing is ten times worse than retail

2020-04-07T02:00:58.678Z


The COVID-19 new coronavirus pneumonia epidemic continues, and all walks of life are greatly affected. Liberal Party Legislator Chung Kwok-bin said on radio this morning (7th) that there is currently no industry in Hong Kong that is not alone. Apart from the severely affected catering and retail industries witnessed on the market, the situation of imports, exports and manufacturing is ten times worse With the global lockout, overseas buyers are "walking out" and postponing production. It is estimated that there will be bankruptcies and layoffs in two months. The government is encouraged to assist, including postponing the payment of MPF for employees and easing loans.


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Written by: Huang Weilun

2020-04-07 09:50

Last update date: 2020-04-07 09:50

The COVID-19 new coronavirus pneumonia epidemic continues, and all walks of life are greatly affected. Liberal Party Legislator Chung Kwok-bin said on radio this morning (7th) that there is currently no industry in Hong Kong that is alone, except for the catering and retail industries witnessed on the market that are seriously affected, the situation of imports and exports and manufacturing is ten times worse With the global lockout, overseas buyers are "walking out" and postponing production. It is estimated that there will be bankruptcies and layoffs in two months. The government is encouraged to assist, including postponing the payment of MPF for employees and easing loans.

▼ Anti-epidemic and spicy recruiting more than four people gather to close many facilities ▼

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Zhong Guobin said on the Hong Kong and Taiwan program "Millennium" this morning that the current situation of the import and export industry and manufacturing industry is ten times worse than that of the catering industry and retail industry. Under the global shutdown, overseas buyers have suspended production and shipments, and some are even more " Counting ", the industry capital chain has been broken. He continued, assuming that a company's annual business volume is about 5 billion yuan, and it has completely lost in the first two quarters, and it is short of 230 million yuan. Even if the epidemic peaks in the summer vacation, it still has to wait for 3 months. "I see It is estimated that there will be layoffs and bankruptcy in 2 months.

Zhong Guobin suggested that the government should urge the banking industry to extend the repayment period, and the industry is currently unable to repay; at the same time, the application requirements for the SME guarantee program are relaxed, so that the company can temporarily turn around and avoid the closing tide. Society has a greater impact. He also believes that the government should allow the suspension of MPF contributions for half a year. After the current contributions, I believe that they will also lose money in the market.

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Zhong Guobin New Coronary Pneumonia New Coronary Pneumonia

Source: hk1

All news articles on 2020-04-07

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