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Web of Proceedings - Francis Academic Press

Impact of Covid-19 Epidemic on China's Gdp

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DOI: 10.25236/iceesr.2021.074

Author(s)

Cheung Kaho

Corresponding Author

Cheung Kaho

Abstract

Novel coronavirus is raging all over the world. Although it is difficult to judge the specific impact of the epidemic on the world economy and its globalization, there is no doubt that the COVID-19 epidemic has impacted and will continue to impact economic globalization. This paper uses statistical data to analyze the impact of epidemic on China's GDP from the perspectives of production, demand, income and price. In addition, this paper also discusses the new opportunities under the epidemic prevention and control, and looks forward to the future development of China's economy, hoping to provide reference for maintaining China's economic vitality and sustained and healthy development under the epidemic prevention and control state.

Keywords

Covid-19 epidemic, Gdp, Economic development