Factories Surrounding Beijing to Relocate

Public awareness over Beijing's notorious air pollution usually is usually concerned with the risk towards public health. And yet, air pollution also turns out to be very expensive – albeit for the same companies responsible for making it.

Beijing-area manufacturing companies are attempting to make up for lost time this week in the wake of the city's latest smog attack. Lasting a record-breaking nine days, the orange smog alert meant that manufacturing industries were forced to either close or restrict their operations in an attempt to halt any further emissions.

However, ordering companies to halt their production line is a costly endeavor. Huabei Pharmaceutical estimates it lost some 50 million yuan in profit when anti-air pollution protocols shut down its Shijiazhuang factory last November, thereby sending the company's shares into a downfall.

Click "Read more" for the rest of this story.

Image: SCMP

---