Development of China's Real Economy in the Context of the COVID-19 Epidemic

Abstract

In 2020, China broke out a serious and aggressive COVID-19. Since then, China has entered a long and severe period of epidemic resistance. What is more desperate is that there is a difficult period of epidemic prevention after the period of epidemic resistance. Therefore, specific damage the COVID-19 outbreak did to China's real economy as well as probable developments in the future. This article analyzes pertinent data to describe the specific damage performance of China's real economy, synthesizes and fills in the gaps with previous research literature, and employs charts to more intuitively reflect the changes in real economy daily data during the COVID-19 pandemic. This article will also incorporate the valuable findings of previous generations and discuss and prospect the parts that have not been studied by previous generations, and present feasible solutions. This article has important practical significance in revealing the impact of the epidemic on enterprise operations, economic conditions, and future development, providing decision-making basis for the government and enterprises, and promoting sustainable economic and social development.