Hangzhou G20 Summit: Industrial Activity fall must be expected
On 4th and 5th of September will be held in Hangzhou, China, the G20 summit. The capital of Zhejiang Province will be hosting 20 international delegations and the industrial activity is expected to be drastically reduced in the surroundings. Although few formal statements were uttered, local media estimate that nearly 1,000 plants will shut down.
The 11th summit of the international meeting is a major issue of Chinese diplomatic policy. Measures are taken well in advance of the event to limit certain risks, including air pollution, as was the case among other meetings such as the Asia-Pacific Economic Cooperation (APEC) in 2014, or the Olympics Beijing in 2008.
A radius of 300 km has been drawn by authorities around Hangzhou, within which the most polluting industries should limit their activated or close their facilities the time of the event. The neighboring provinces of Shanghai and Jiangsu are also affected by these measures.
Heavy industries such as petrochemical and coal power plant is a prime target, but the phenomenon may spread due to traffic restrictions. Production interruptions plans have been schedule, some having started from June.
We recommend our customers to place their orders before the beginning of August, and expect a manufacturing slowdown in early September. The activity of the region should return to normal a week after the summit.
[:de]On 4th and 5th of September will be held in Hangzhou, China, the G20 summit. The capital of Zhejiang Province will be hosting 20 international delegations and the industrial activity is expected to be drastically reduced in the surroundings. Although few formal statements were uttered, local media estimate that nearly 1,000 plants will shut down.
The 11th summit of the international meeting is a major issue of Chinese diplomatic policy. Measures are taken well in advance of the event to limit certain risks, including air pollution, as was the case among other meetings such as the Asia-Pacific Economic Cooperation (APEC) in 2014, or the Olympics Beijing in 2008.
A radius of 300 km has been drawn by authorities around Hangzhou, within which the most polluting industries should limit their activated or close their facilities the time of the event. The neighboring provinces of Shanghai and Jiangsu are also affected by these measures.
Heavy industries such as petrochemical and coal power plant is a prime target, but the phenomenon may spread due to traffic restrictions. Production interruptions plans have been schedule, some having started from June.
We recommend our customers to place their orders before the beginning of August, and expect a manufacturing slowdown in early September. The activity of the region should return to normal a week after the summit.
