Research Article
Analysis of the Impact of New Coronary Pneumonia on China's Economy
@INPROCEEDINGS{10.4108/eai.18-11-2022.2326787, author={Yuanyuan Mao and Suling Chen}, title={Analysis of the Impact of New Coronary Pneumonia on China's Economy}, proceedings={Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China}, publisher={EAI}, proceedings_a={ICEMME}, year={2023}, month={2}, keywords={covid-19; economic development; macro impact}, doi={10.4108/eai.18-11-2022.2326787} }- Yuanyuan Mao
Suling Chen
Year: 2023
Analysis of the Impact of New Coronary Pneumonia on China's Economy
ICEMME
EAI
DOI: 10.4108/eai.18-11-2022.2326787
Abstract
The new crown epidemic is still spreading rapidly around the world. It has become a thorny issue facing all countries and regions around the world, and it has had an important impact on our economy, society and life. This article analyzes the macroeconomic impact of the new crown pneumonia epidemic on the global economy, focusing on the three important economic indicators of GDP, per capita consumption expenditure of residents, and fiscal revenue and expenditure to discuss the development of China’s economy under the epidemic. Finally, combining national policies from the three major economic indicators, the industry perspective expounds the impact on China's economic development and gives corresponding policy recommendations.