This page consolidates important information for businesses to be aware of during the COVID-19 outbreak. It will continue to be updated on a regular basis and will be hosted on the CBBC website.
Should you have any questions, please contact email@example.com
UK businesses will be able to access government support from 23rd March to keep operating in the face of the global economic emergency brought on by coronavirus.
For small and medium sized businesses, the new Coronavirus Business Interruption Loan Scheme is now available for applications.
The Bank of England’s new lending facility for larger firms – the Covid Corporate Financing Facility - is also open for applications to participate.
Click here to find out how to access the support that has been made available, who is eligible, when the schemes open and how to apply.
Click here for details on DIT support and financial support available for UK businesses trading internationally.
We are pleased to announce that CBBC’s China offices with the exception of Wuhan have reopened. Throughout the Covid-19 outbreak, our team has been working remotely to ensure uninterrupted delivery of our services to members and partners during what has been a challenging time for many.
Our office premises will be open from 10am to 6pm.
The safety of our team is of paramount importance, therefore CBBC Wuhan office will remain closed until further notice and we will continue to monitor the situation across all office locations.
For further enquiries, please contact:
Tel: +86 (0)10 8525 1111
Fax: +86(0)10 8525 1001
Official Data & Statistics on Coronavirus in Real-time
Official Web Page (Chinese)
National Health Commission (Chinese)
FCO China Travel Advice
The Foreign and Commonwealth Office (FCO) is advising British nationals against all non-essential international travel at this time. Existing advice for China remains in place: https://www.gov.uk/foreign-travel-advice/china
Guidance for UK Nationals in China
As of 7th February, the following direct commercial flights from China to the UK were still operating, though some have announced imminent suspensions.
British Airways’ issued their latest update on 12 February stating all BA flights to Beijing and Shanghai until 31st March 2020 have been cancelled. All our flights travelling from Beijing and Shanghai have been cancelled until 1st April 2020. Flights to and from Hong Kong remain unaffected.
The ongoing situation in China has led to a number of trade events and conferences being postponed or in some cases cancelled.
This below list consolidates CBBC member events, trade events that have been organised by or in collaboration with our partners and public events for your reference.
Click here to read.
Due to the outbreak of COVID-19, many companies are having difficulties communicating with their Chinese suppliers. CBBC through our regional offices can offer our support to members to initiate contact and seek further clarity on their timelines for getting back to normal operational efficiency.
If this is of interest, please provide contact details of your supplier(s) / partner(s) to a member of our CBBC China team and the following information:
Company / Supplier Name:
Main Contact Name:
Contact’s Mobile Number:
CBBC is monitoring the situation closely and regions are instituting differing responses and policies at this time. When your supplier comes back online will depend on local government regulations, where the employees are coming from and if the factory has taken the appropriate hygiene measures as specified by the government.
Click here for our local office contacts
CBBC Outlook (Summary)
Download full article (English)
As the number of new cases continues to climb, the full scale of the outbreak remains to be seen
Restrictions on movement and quarantine controls will slow economic activity through February
Consensus predicts sharp short-term economic impact with recovery through the rest of 2020
It is necessary first to caveat any predictions with strong warnings about the limitations of the data available and the risks involved in basing forecasts on the experience of SARS and other past emergencies. As its name indicates, the virus which China is currently fighting is novel, new and unprecedented. The outbreak will inevitably run a different course to what we have seen before.
Nonetheless, experience strongly suggests that tourism, hospitality and related industries such as luxury retail will be the areas most affected. Other sectors such as retail and manufacturing are likely to see a temporary v-shaped downturn followed -- it must be hoped -- by a subsequent fairly rapid recovery to normal levels of activity.
Chinese exports may experience a considerable drop, but with every possibility of recovering robustly soon after the virus abates. Imports into the UK will equally experience delays which could cause problems for some manufacturers, especially those which rely on intermediate goods from China.
Pharmaceutical companies and medical equipment manufacturers could benefit from increasing demand. We could even see further regulatory changes to China’s healthcare and insurance system in the wake of this outbreak, which could offer new opportunities to UK healthcare companies.
A number of members have asked for advice on conference call service providers who continue to be able to operate in China. CBBC can offer no endorsement or guarantee in this respect. However we are happy to confirm that at the time of writing we continue successfully to use BizConf CSS (firstname.lastname@example.org), Arkadin Teleconference and Intercall.
We advise all British companies to follow the advice published by the Foreign and Commonwealth Office and local Chinese governments. Some provinces, such as Guangdong, have already published information for foreign nationals.
If you need further information or assistance regarding the regulations for specific provinces or cities, please contact email@example.com. We are monitoring the situation constantly and will do our best to help our members during this difficult period.
In order to help our members better navigate the confusing array of regional policies regarding the recent COVID-19 outbreak in China, CBBC has assembled reports from our 13 offices in China, and prepared a regional policy report.
Please click here to view the full report.
Please click here to see a list of insights from CBBC members offering guidance and support to businesses.
If you are a member and would like to share your company’s insights on the COVID-19 outbreak, please send details and links to Chloe.Tan@cbbc.org.cn
Please click here to view a compilation of links from the State Council and government ministries reflect policy updates and measures put in place to support businesses mitigate further negative impact from COVID-19.
These will continue to be updated
Chinese page 1
Chinese Page 2
All coverage is CURRENTLY free-to-read in the public interest but will soon go behind a Caixin paywall.
CBBC members can continue reading with 30% off a yearly subscription using the following discount code “CBBC2020”.