Advances in Economics, Management and Political Sciences

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Proceedings of the 2nd International Conference on Financial Technology and Business Analysis

Series Vol. 62 , 28 December 2023


Open Access | Article

Research on the Impact of the COVID-19 on Small and Medium-sized Enterprises in China

Yanhong Zhu * 1
1 United World College

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 62, 133-138
Published 28 December 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Yanhong Zhu. Research on the Impact of the COVID-19 on Small and Medium-sized Enterprises in China. AEMPS (2023) Vol. 62: 133-138. DOI: 10.54254/2754-1169/62/20231334.

Abstract

The global economy has been hit hard by the COVID-19 epidemic that broke out in late 2019. China is particularly important since it is both the core of the pandemic and a major player in the global economy. This paper examines how the epidemic of COVID-19 affected China's SMEs, discussing the role these companies play in the country's economy, the difficulties they encountered, and the solutions they came up with. The research used qualitative methods to report the findings and present a discussion. This paper is based on a collection of papers retrieved from Google Scholar, using keywords such as China, COVID-19, etc. After reading the titles of each article with these keywords, this paper has chosen numerous articles to do the content analysis. On the basis of findings, it can be concluded that the COVID-19 pandemic had a significant impact on China's SMEs, exposing weaknesses in their operations and stressing the need for government assistance.

Keywords

COVID-19, China, SMEs

References

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2. Lu, L., Peng, J., Wu, J. and Lu, Y., 2021. Perceived impact of the Covid-19 crisis on SMEs in different industry sectors: Evidence from Sichuan, China. International Journal of Disaster Risk Reduction, 55, p.102085.

3. Liu, Y., Dilanchiev, A., Xu, K. and Hajiyeva, A.M., 2022. Financing SMEs and business development as new post Covid-19 economic recovery determinants. Economic Analysis and Policy, 76, pp.554-567.

4. Liu Jinjin, 2021. Analysis of the impact of the new crown epidemic on the economic situation of small and medium-sized enterprises in my country and countermeasures. Management and Technology of Small and Medium-sized Enterprises (Second Period), 2, pp.102-103.

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10. Liu, Y., Zhang, Y., Fang, H. and Chen, X., 2022. SMEs’ line of credit under the COVID-19: evidence from China. Small Business Economics, pp.1-22.

11. Ravindran, T. and Boh, W.F., 2020. Lessons from COVID-19: Toward a pandemic readiness audit checklist for small and medium-sized enterprises. IEEE Engineering Management Review, 48(3), pp.55-62.

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
ISBN (Print)
978-1-83558-225-1
ISBN (Online)
978-1-83558-226-8
Published Date
28 December 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/62/20231334
Copyright
28 December 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated