Steel major Baoshan Iron and Steel Co Ltd is banking on its smart manufacturing and logistics strengths to sustain production even as the novel coronavirus outbreak forces several companies to suspend production.

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China has full confidence to guarantee the energy supply and ensure that work resumes smoothly, the country's top economic regulator said on Sunday.

The Shougang Tonggang Limited Company, an iron and steel company in Tonghua city, has also resumed work.

China has made considerable progress in speeding up coal production and resumption of work to contain the novel coronavirus pneumonia.

China has resumed 70.2 percent of its coal production capacity with output recovering steadily amid the fight against the novel coronavirus epidemic.