China's EV startups was once seen as the backbone of China's leading global revolution in electric vehicles, but the new virus epidemic and the difficulties encountered before the epidemic may make it difficult for dozens of startups to survive.

Data released by the National Bureau of Statistics of China and the Federation of Logistics and Purchasing on Tuesday showed that the official non-manufacturing PMI was 52.3 in March, a significant increase of 22.7 percentage points from the previous month, which was significantly driven by the resumption of production and production by enterprises.

Nissan's global sales in February fell 24% year-on-year, China's market sales fell 80%, and China's market output fell 88% year-on-year. Honda Motor’s Chinese market output in February dropped 92% year-on-year.

China is considering measures to stimulate car sales, and plans to adjust electric vehicle related policies to help the auto industry that has performed poorly during the new epidemic to achieve healthy development.

With more than 30,000 deaths from new coronary pneumonia worldwide, China further eased restrictions that had led to economic stagnation on Sunday.

More than two months after the implementation of quarantine measures to combat the new coronavirus epidemic, China is gradually returning to work and production. This is a slow and difficult process, and it depends on the global success in fighting back the epidemic.

The United States has replaced China as the country with the largest number of confirmed cases of new virus infection, marking a new stage in the fight against this global pandemic.

The Chinese government said on Thursday that China is further tightening border control measures and ordering airlines to sharply cut international passenger flights from Sunday to curb the high risk of overseas imports of new pneumonia.

Huawei CEO Ren Zhengfei said that after the outbreak of the new coronavirus, most of the company's employees returned to work, but the epidemic may affect the financial performance of the Chinese communications equipment giant this year. He also said that he plans to increase this year's R & D budget by $ 5.8 billion to more than $ 20 billion.

As of Wednesday, more than 60,000 new coronavirus cases have been confirmed in the United States, and the number of infections in New York State continues to surge; Spain has more deaths from this disease than China.

Experts say the blockade is not enough. What really reversed the situation was the more active and systematic quarantine mechanism adopted after February 2, including sending suspected or mild patients to the cabin hospital and temporary isolation points.

The publishers of the Wall Street Journal, New York Times, and Washington Post have asked China to reconsider the practice of expelling journalists from these three news agencies during the global coronavirus pandemic in order to avoid "making the world incapable to get the key information you need. "

The Chinese government plans to lift large-scale isolation measures in Hubei Province as part of a nationwide economic revitalization initiative. The new virus epidemic that first appeared in Hubei caused China's economy to stagnate.

One of the world's largest index providers, FTSE Russell, has slowed the process of including Chinese stocks in its global benchmark index, which has saved investors from having to make major adjustments to their portfolio during periods of market turmoil.

A large number of Chinese retail investors have been investing in the domestic stock market recently, and they believe that the government has controlled the new virus crisis, and cheap capital, government spending and looser regulation will bring new prosperity.

Deputy governor of the People’s Bank of China, said at the State Council’s press conference on Sunday that China ’s economic indicators are expected to improve significantly in the second quarter and that the economy will quickly recover to potential output levels.

As the new virus outbreak hits China, the world's second-largest economy, the country will subsidize the recruitment of fresh graduates from small, medium and micro enterprises, and urge state-owned enterprises to expand the scale of graduate recruitment.

With the outbreak of the new coronavirus causing economic activity across the country to halt, putting pressure on many lenders that private enterprises have relied on for years, cracks are emerging in China's vast shadow banking sector.