China: Recovery Rates from Covid-19 and Resumed Industrial Activity

As of February, the recovery rate for Covid-19 climbed to 46% of all confirmed cases compared to 24% a week earlier
As of February, the recovery rate for Covid-19 climbed to 46% of all confirmed cases compared to 24% a week earlier
As of February, the recovery rate for Covid-19 climbed to 46% of all confirmed cases compared to 24% a week earlier

In the past week, the recovery rate from the novel coronavirus (Covid-19) kept increasing in China. As of February 27, 2020, the recovery rate climbed to 46% of all confirmed cases compared to 24% a week earlier.

The vast majority of the remaining share is patients who are still receiving treatment. The death rate, for example, increased to 3.5% from 2.9% a week earlier.

Detailed data suggests that the situation in Hubei province continues to improve, with the recovery rate there climbing to 40% from 19% on February 20. When Hubei, where the outbreak started, is excluded, the recovery rate rises significantly to 75% from 51% at the end of the previous week.  The death rate in Hubei inched up to 4.1% from 3.4% on February 20, and in all the other provinces it was 0.8%, compared to 0.7% in the previous week.

The continued improvement in the recovery rate has given the authorities confidence to resume with manufacturing and business activity in some regions in China. As of February 27, the industry sector in ten key provinces resumed activity at a rate of around 90%. These provinces are Zhejiang, Jiangsu, Hunan, Anhui, Sichuan, Chongqing, Shandong, Guangdong, Guizhou and Fujian and they account for 59% of the country’s nominal industrial output. All the other provinces, excluding Hubei, have an industrial work resumption rate between 39% and 87%. In Hubei the rate is 0%. 

In the services, the most heavily hit subsectors – transportation, catering, accommodation and tourism – are still struggling. Other services companies, which have applied policies for remote work, resumed activities on February 9.

Coronavirus recovery rates in China

The Resumed Work Rate in the Industry Sector and Recovery Rate from Covid-19 in China’s provinces

The Resumed Work Rate in the Industry Sector and Recovery Rate from Covid-19 in China’s provinces

Note: The size of the bubble indicates the industry output value
Source: CEIC Data, China’s local governments’ statements

Detailed data and analysis on COVID-19 could be found in the CEIC Novel Coronavirus Outbreak Monitor | Latest Data, Analysis & News


 

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2nd March 2020 China: Recovery Rates from Covid-19 and Resumed Industrial Activity