The Impact of the COVID-19 on Real Economy of China and How to Deal with It

DOI

10.2991/978-94-6463-036-7_81How to use a DOI?

Keywords

China; COVID-19; real economy; Import and export; Physical stores; Education

Abstract

It has been two years since the spread of COVID-19. The global economy has been hit in both years, and China is no exception. The real economy has been declining for two years. The COVID-19 has affected every country in the world to a greater or lesser extent, and this is also true for China. This paper shows the impact of COVID-19 on China's real industry by analyzing import and export trade, physical stores and education industry. The paper analyzes the impact of the epidemic on China's import and export industry through the trade amount of four different products, and compares the monthly box office from 2019 to 2020 to illustrate the rebound of the film industry after the epidemic. And analyze the impact of the epidemic on whether Chinese students choose to go abroad. The article will also introduce some measures and policies China has taken to protect the real economy. The author will also give some of her own opinions and suggestions. The epidemic has had a major impact on the real economy. Import and export have become difficult, and the catering industry in physical stores has also found it difficult to survive and lose money. The movie industry has theaters that cannot open, and movies that can not be shown. For the education industry, online education has both advantages and disadvantages.

Copyright

© 2022 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yifang Xu
PY  - 2022
DA  - 2022/12/31
TI  - The Impact of the COVID-19 on Real Economy of China and How to Deal with It
BT  - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
PB  - Atlantis Press
SP  - 546
EP  - 550
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-036-7_81
DO  - 10.2991/978-94-6463-036-7_81
ID  - Xu2022
ER  -