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Recovery of the Industrial Economy after Covid-19
- 1 Shenyang Ligong University
* Author to whom correspondence should be addressed.
Abstract
The COVID-19 outbreak has had a huge impact on the global economy, especially on the industrial economy. A large number of companies face the risk of stagnant production and declining revenues, as well as the risks of employee turnover and closure. In this context, the recovery of the industrial economy is crucial to the global economic recovery. This paper explores the measures to restore the industrial economy from three aspects: government, enterprises, and individuals, including fiscal and economic stimulus measures, supporting enterprises and employees, promoting national and international trade, strengthening scientific and technological innovation and digital transformation, and strengthening environmental protection and sustainable development. Through these measures, we can realize the recovery and growth of industrial production, promote the recovery of the global economy, and lay the foundation for sustainable development in the future.
Keywords
COVID-19, industrial economy, fiscal stimulus, scientific and technological innovation, digital transformation
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Cite this article
Feng,Z. (2023). Recovery of the Industrial Economy after Covid-19. Advances in Economics, Management and Political Sciences,44,35-39.
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Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development
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