The global supply chain crisis is about to experience a fresh shockwave as factories reopen in China and begin a mad rush to resume production and fill orders.
Following a series of lockdowns and renewed public health restrictions in response to COVID-19 outbreaks, manufacturers have restarted operations and are now frantically trying to catch up.
Last week, the Shanghai Commission of Economy and Information Technology identified 666 local companies as priority businesses that will be allowed to resume production. The city’s industrial development authority noted that the hundreds of companies on the list manufacture critical goods, including automobiles and semiconductors.
Businesses that find it difficult to ensure production lines come back online can request assistance from the municipal body.
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