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Frontiers of Economics in China

ISSN 1673-3444

ISSN 1673-3568(Online)

CN 11-5744/F

Postal Subscription Code 80-978

Front. Econ. China    2020, Vol. 15 Issue (3) : 380-395    https://doi.org/10.3868/s060-011-020-0017-8
Orginal Article
What Implications Does COVID-19 Have on Sustainable Economic Development in the Medium and Long Terms?
Shiyi Chen()
School of Economics and Fanhai International School of Finance, Fudan University, Shanghai 200433, China
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Abstract

Given the enormous impact that the COVID-19 pandemic had on China’s economy, helping companies to revitalize post-pandemic economic activities promptly is a priority for the whole society. This necessitates the smooth circulation of production-factors among different economic entities, departments, and regions. The pandemic’s huge impact on the economy is evident in the severely hampered flow of these factors, including labor, materials, and capital. Therefore, using data and digital technology, combined with a contact-free allocation of labor, capital, and materials, to accelerate the flow of production-factors is critical to the post-pandemic economy’s restoration. Such a policy can not only provide a short-term stimulus but also a momentum for China’s mid- and long-term sustainable economic development.

Keywords COVID-19 outbreak      factors of production      data      sustainable development     
Issue Date: 28 September 2020
 Cite this article:   
Shiyi Chen. What Implications Does COVID-19 Have on Sustainable Economic Development in the Medium and Long Terms?[J]. Front. Econ. China, 2020, 15(3): 380-395.
 URL:  
https://academic.hep.com.cn/fec/EN/10.3868/s060-011-020-0017-8
https://academic.hep.com.cn/fec/EN/Y2020/V15/I3/380
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