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Restaurants feel the squeeze amid the coronavirus outbreak [Copy link] 中文

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Post time 2020-2-15 15:22:12 |Display all floors
This post was edited by Grace222 at 2020-2-15 15:22

Many restaurants and retail shops in China have been affected by the coronavirus outbreak, first reported in the Chinese city of Wuhan late last year. Some have come up with ways to minimize their losses. Work stoppages continue across China, with many people at home, losing precious, hard earned money. The restaurant business has suffered a huge hit since the Lunar New Year holiday.

CGTN talked to the Yun Nans, one of the popular Yunnan cuisine restaurants in China. Their branding director, Chen Na told us, "We have closed most of our stores in Beijing. People can't go out to eat. The closure means a big decline in our profit. We have so much raw food material stuck in stock. We thought there would be a large amount of orders during the Spring Festival."

Faced with these problems, they have to come up with efficient ways to survive.

Chen says she is prepared for the worst, and believes business will get better with the right efforts. They have several measures to cope with the current situation. She said, "For example, our employees are allowed to get temporary jobs at other companies through the 'employee-sharing' scheme. We work with some online delivery platforms to send out our dishes. We sell our food materials both online and offline to local communities."

But these measures may not be enough to ease financial pressure on restaurant operators.

The Beijing government recently rolled out a slew of measures to support small and medium-sized enterprises. "These measures help in two ways. First, they will enable businesses to get guaranteed loans much more easily. Most restaurants don't have too much cash flow, and rely mostly on bank loans. Secondly, the measures will allow restaurant owners to apply for a reduction in tax and rentals for tenants," said Zhao Ping, director of the Department of International Trade Research, China Council for the Promotion of International Trade.

Zhao says businesses must prove that they are suffering a financial loss to qualify for the benefits according to the new measures. But experts say the restaurant business won't suffer for long, saying people will be eager to go out and eat again once the virus is a memory. (CGTN)


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Post time 2020-2-16 00:59:37 |Display all floors

This is only one single aspect that got hit by coronavirus.
People walked more than a few thousand kilometers to get to their work place!
Wuhan should be ashame of what happened!
China must be held responsible to give a full complete explanation to the world!
Otherwise, please listen to the world!





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Post time 2020-2-16 12:46:24 |Display all floors


Until and unless Chinese practise simple personal and public hygiene, this will be common sight!
Though Chinese leaders remind Chinese to learn this lesson but they forget the following turn around the corner.
Spitting in public, train carriage, aircraft, bus and out of cars are just some examples. Some of them are health workers themselves.
WHO TO BLAME?





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Post time 2020-2-16 18:50:37 |Display all floors
GhostBuster Post time: 2020-2-16 00:59
This is only one single aspect that got hit by coronavirus.
People walked more than a few thousand  ...

"People walked more than a few thousand kilometers to get to their work place!"

Wow, that's a lot of long marches. But if you say so, it must be correct.

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Post time 2020-2-16 19:41:55 |Display all floors
all business not just a eatery places

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Post time 2020-2-16 19:43:06 |Display all floors
GhostBuster Post time: 2020-2-16 00:59
This is only one single aspect that got hit by coronavirus.
People walked more than a few thousand  ...

I hoping the wild aminal sellers were catched and locked away to be die.

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Post time 2020-2-17 02:28:05 |Display all floors
The entire world economy is going in this direction.

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