Shanghai ruled out imposing a broad lockdown for now, while urging workers in its main financial and business district to work from home as officials try to rein in a swelling COVID-19 outbreak in one of China’s biggest and most important cities.

Gu Honghui, deputy secretary general of the Shanghai government, told reporters Tuesday that "there’s no need to lock down the city” at the moment, with authorities keen to minimize the impact of virus mitigation efforts on businesses and people’s lives.

Instead, the authority overseeing the Pudong district, home to China’s main stock exchange and the local headquarters of a bevy of financial firms, called for more flexible work arrangements in a statement on its official WeChat account.