As China unleashes big investments, small companies struggle

Alibaba and ExxonMobil speed expansion plans as government lends a hand

20200429 worker in Wuhan

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

CK TAN, Nikkei staff writer

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.

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