Taicang, a county-level city in East China's Jiangsu province, unveiled a set of policies to help service companies resume operations during the current COVID-19 outbreak.

French multinational corporation FM Warehouse (Taicang) Co., Ltd, which provides transportation, warehousing and supply chain management solutions, has resumed 80 percent of operations to date.

Wang Jun, general manager of FM Warehouse, said that the local authorities have offered services to help them understand related policies. The company will also be making use of the subsidies outlined in the policies.

A spokeswoman at Derun Logistics, which is situated at the Taicang port comprehensive bonded zone, said that the authorities have pledged to exempt them from six months of rent, which would greatly reduce operational cost. She also noted that the company's productivity levels have returned to normal.

According to incomplete statistics, the city's State-owned enterprises have exempted 10 small and micro service enterprises and 35 individual household businesses from 2.29 million yuan in rental payments ($343,000) from March to April.

In late April, districts, towns and related authorities had reported that they would exempt 417 small and micro businesses and 705 privately or individually owned business from 11.73 million yuan in rents for the month of April.

In addition, the city has improved services to stabilize employment and provided support for small and medium-sized enterprises. A fund worth 66.45 million yuan has been used to support 150,000 employees from 19,689 companies since May 18. 

Presently, 400 of the 438 above-designated-size service enterprises in Taicang have resumed production.