As of February 17, 49 demonstration industrial parks out of 56 in China, i.e., 87.5 percent, have resumed operations, as announced by the China Federation of Logistics and Purchasing (CFLP). In particular, 40 percent of enterprises based in the parks have resumed their activities, though this rate was as high as 60 percent in 14 parks.
According to the CFLP, complicated approval procedures for resumption of work, shortage of protective articles (masks, protective clothing and thermometers, etc.), disruption of transportation and high operating costs, all resulting from the coronavirus, have been among the problems faced by the industrial parks. If all parks resume normal operations in March or April, their operating revenue will likely be down by 40 percent in the first half of the year, with a 60 percent drop in profit anticipated for the given period.