Analysis of the Impact of COVID-19 Outbreak in Shanghai in March 2022 on Its Economic Development and Potential Responsive Measures — Take the Catering and Logistics Industries as Examples

Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v3i2.772

He Xiao

School of Political Science and Economics, Waseda University, 169-8050, Tokyo, Japan

Abstract

Since mid-March 2022, there has been an outbreak of COVID-19 in Shanghai and by April 13, there is still no sign of an inflection point. This paper mainly discusses the analysis of the impact of the surge of COVID-19 new cases in the past month on the catering and logistics industries in Shanghai. Then the paper provides some suggestions for the two industries such that they can take faster and more effective response if there is another pandemic or lockdown in the future.

Keywords

COVID-19 pandemic, economic impact analysis, service industry, Chinese economy

References

[1] Deloitte China and China Cuisine Association. (2020). The financial and operational impact of COVID-19 Outbreak on the Chinese catering industry. Available from: https://www2.deloitte.com/content/dam/Deloitte/cn/Documents/consumer-business/deloitte-cn-cb-new-pattern-of-cartering-consumption-zh-200327.pdf
[2] Kearney China. (2020). How can logistics companies seize opportunities and begin again after COVID-19. Available from: https://www.kearney.cn/article/?/a/-9-58
[3] Sina Finance. (2021). Two fates: SF Express VS. ZTO, YTO, STO, and Yunda Express. Available from: https://finance.sina.com.cn/tech/csj/2021-02-05/doc-ikftpnny5041697.shtml

Copyright © 2022 He Xiao

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License