As the two-month-long lockdown has ended in Shanghai and as the port city emerges from it, the SMEs there are striving to limp back to normalcy. However, many SMEs face various problems as they have suffered losses due to missed deadlines, lost clients, and cancelled orders. Now, when previous orders are pending, bagging new orders is a challenging proposition. Companies that were allowed to function with 15% staff during the lockdown now expect 80% of their employees to return to work and production to pick up fast. Meanwhile, Shanghai City has introduced 50 measures to expedite the recovery, including a waiver of six months of rent.
