ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

As China unleashes big investments, small companies struggle

Alibaba and ExxonMobil speed expansion plans as government lends a hand

More Wuhan residents are returning to work now that the city has been out of its lockdown for about three weeks.   © Reuters

SHANGHAI -- As the last 12 coronavirus patients were discharged from Wuhan hospitals on Sunday, China began cranking up its investment efforts, hoping to make up for an economy-crippling first quarter.

That same day the government declared all of Hubei Province to be free of the virus, and on Wednesday Beijing announced that the National People's Congress will open its annual session on May 22.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more