One year after Covid
The challenges and outlook of Chinese micro-and-small enterprises
Bibliographic Data
| ID | 12918088 |
|---|---|
| Authors | Tao Kong (0000-0001-5380-705X, Peking University), Xiaohan Yang (0000-0003-4425-4531, Peking University), Ranran Wang (0009-0000-7968-7834, Peking University), Zijun Cheng (Peking University), Changyu Ren (Peking University), Shuo Liu (0000-0001-7825-3006, Peking University), Zhenhua Li (0000-0003-0220-2696), Fang Wang (0000-0001-7353-9080), Xiaoyin Ma, Xiaobo Zhang (0000-0003-0222-2515, Peking University, corresponding author) |
| Year | 2021 |
| Volume | 15 |
| Issue | 1 |
| Pages | 1-28 |
| Publication date | 2021-10-26 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | China Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 1753-8963 • E-ISSN: 1753-8971 |
| Publisher | Routledge (PUBLISHER • GB) |
| DOI | 10.1080/17538963.2021.1995246 |
| OpenAlex | W3198142183 |
| Language | EN |
| Citations received | 3 |
| References cited | 7 |
Based on a large Online Survey of Micro-and-small Enterprises (OSOME) conducted in March 2021 on micro-and-small enterprises and self-employed businesses (MSEs) operating on the Alipay platform, this paper examines the operational status, challenges, responses, and confidence of MSEs after exposure to the COVID-19 pandemic for over a year in China. The operational status of micro-and-small enterprises has significantly improved despite cash flow constraints. Rising costs and weak demand were two key challenges. 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. Tax reduction was the most inclusive type of policy support. The confidence indices on market demand, production, and revenues for the next quarter returned to positive territory, indicating an optimistic outlook. The employment index remained just below the normal level, suggesting subdued expectations of expanded employment in the near future
Business · Cash flow · China · Coronavirus disease 2019 (COVID-19 · Economics · Geography · Index (typography · Public economics · Quarter (Canadian coin · Revenue · Shock (circulatory · Tax revenue · COVID-19 Pandemic Impacts · Digital Economy and Work Transformation · Taxation and Compliance Studies · Finance
| Unique citing works | 3 |
|---|---|
| Citations per year | 1 |
| Citation span | 2023 - 2026 (4) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 3 |