Published 2021
“…. - In general, respondents characterized the travel restrictions during
Chinese New Year (February 2021) as harmful. In particular, businesses in the residential service sector and those located in smaller cities and rural areas seem to have been more negatively impacted. - In response to the COVID-19 shock, a higher percentage of newly established businesses adopted online sales and electronic information systems than those established earlier. - The confidence indices on market demand, production, and revenues for the next quarter have returned to positive territory, indicating an optimistic outlook. …”
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