Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Series Vol. 62 , 28 December 2023
* Author to whom correspondence should be addressed.
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.
COVID-19, China, SMEs
1. Zhang, L., Zhang, H., Yu, X. and Feng, Y., 2021. Will the supporting policies help the recovery of SMEs during the pandemic of COVID-19?—evidence from Chinese listed companies. Emerging Markets Finance and Trade, 57(6), pp.1640-1651.
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.
5. Ma, Z., Liu, Y. and Gao, Y., 2021. Research on the impact of COVID-19 on Chinese small and medium-sized enterprises: Evidence from Beijing. PLoS One, 16(12), p.e0257036.
6. Belitski, M., Guenther, C., Kritikos, A.S. and Thurik, R., 2022. Economic effects of the COVID-19 pandemic on entrepreneurship and small businesses. Small Business Economics, pp.1-17.
7. Chen, J., Cheng, Z., Gong, R.K. and Li, J., 2022. Riding out the covid-19 storm: How government policies affect smes in china. China Economic Review, 75, p.101831.
8. Sun, Y., Zeng, X., Zhao, H., Simkins, B. and Cui, X., 2022. The impact of COVID-19 on SMEs in China: Textual analysis and empirical evidence. Finance Research Letters, 45, p.102211.
9. Funke, M. and Tsang, A., 2020. The People’s bank of China’s response to the coronavirus pandemic: A quantitative assessment. Economic Modelling, 93, pp.465-473.
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.
12. Xiao, D. and Su, J., 2022. Macroeconomic lockdown effects of COVID-19 on small business in China: Empirical insights from SEM technique. Environmental Science and Pollution Research, 29(42), pp.63344-63356.
13. Yang, S., 2022. Are private equity and venture capital helping small and medium-sized enterprises during the COVID-19 pandemic? Evidence from China. Economic analysis and Policy, 76, pp.1-14.
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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