Epidemic Fallouts
At the current stage, China faces multiple challenges at home and abroad. Domestically, driving forces for the economy from the supply side are abating. Internationally, anti-globalization sentiment, global economic slowdown, and ongoing trade spat provoked by the United States are aggravating domestic pressure.
The ravaging COVID-19 epidemic is not only a danger to people’s health and livelihood, but also puts a strain on economic activities.
At present, through arduous efforts made by people in the whole country and implementation of effective prevention and control measures, the epidemic in China has been brought under control. Meanwhile, the Chinese government has issued a slew of policy initiatives to support the resumption of work and production, and assist small and medium-sized enterprises to get through the difficulties and resume economic activities.
China is expected to double both its GDP and per-capita income of urban and rural residents as compared with 2010, and to lift all the rural poor out of poverty by the end of 2020. The outbreak of the COVID-19 epidemic complicated the situation. Since economic progress in the first few months of 2020 is significantly lower than that in the same period of previous years, great effort is needed to recover the losses and achieve the best possible annual results.
Diese Geschichte stammt aus der August 2020-Ausgabe von China Today (English).
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Diese Geschichte stammt aus der August 2020-Ausgabe von China Today (English).
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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