Top five industries affected by the epidemic
01 Offline retail industry
The outbreak of the epidemic has made the situation of offline retailers even
Under the impact of the "new retail", 宣明會many offline retailers are already
struggling to survive in the cracks, and the outbreak of the epidemic has
undoubtedly made their situation even more difficult. If the epidemic is not
curbed in a short period of time, I am afraid that many offline retail companies
and stores will not escape this calamity.
In addition, the offline retail industry, 宣明會many businesses in order to layout
the Spring Festival consumer Golden Week, prepared in advance a large number of
tobacco, wine, tea and sugar dry fruits, and now, people canceled the string of
New Year's visits, New Year's goods seriously stagnant. People stay at home, and
psychologically do not have the impulse to spend, retail store owners need more
time to digest these piles of New Year's goods.
Of course, the retail industry is actually part of the infrastructure of the
country to deal with major disasters. 宣明會It is also worth thinking about how to
play a good role in the convenience and pro-people nature of community commerce,
and play an important role in food supply, stabilizing people's mind and
maintaining social order in extraordinary times.
The epidemic is bound to have some impact on China's manufacturing economy
due to the delayed return to work, lower demand and increased uncertainty in
On the one hand, the manufacturing industry itself will have a short-term
production lag due to the delayed resumption of work and the slowdown in
circulation; on the other hand, the impact from the areas of consumption,
services, import and export will also spread to the manufacturing industry,
which will be reflected in the reduction of manufacturing orders and
According to Liu Shuo, senior vice president of Zhongcheng Intelligence, the
speed and rate of return to work of personnel is a typical indicator to measure
the degree of impact on manufacturing industry. It is expected that technology
and capital-intensive industries such as automobiles, equipment, electronics and
communications will resume work at a higher speed and rate, while
labor-intensive manufacturing industries such as textiles, garments, toys,
leather and furniture will have both indicators at a lower level.
Wang Peng, vice president of China Electronics and Information Industry
Development Institute, also mentioned: "In particular, the labor force of these
labor-intensive industries, many of which come from inland provinces, has
difficulties in staff mobility. Raw materials, which are the lifeline of
manufacturing enterprises, also cannot be shipped in because of traffic
In addition, the manufacturing industry is a relatively asset-heavy industry,
even if the production and operation is partially suspended, enterprises still
have to pay social security and taxes at this time, to maintain rent, plant,
interest and other expenses, many small and medium-sized manufacturing industry
is already high debt and short cash flow, the impact is also relatively
03 Agricultural production
Farmers often say that people miss the land for a while, the land misses
people for a year. The time window for spring plowing is very short, and if you
can't plow at the right time, the subsequent harvest will be affected no matter
how to make up for it.
The epidemic occurred before and after the Spring Festival, during the rural
idle period, in principle, there is not much impact on traditional agriculture,
but for the northern counter-seasonal greenhouse greenhouse planting, as well as
the vegetables, fruits and other agricultural products stored in the year
before, there will also be a certain impact on sales issues.
Although there are many urban supermarkets within the high price of
vegetables, but this does not allow growers to gain too much benefit. The reason
why the price of vegetables in urban supermarkets rose, in fact, because of the
problem of poor transportation, resulting in rural areas have vegetables and can
not be transported out, the intermediate link interrupted, only to lead to some
places cabbage and even beyond the price of meat.
In addition, there are many rural areas during the epidemic to take measures
such as "village closure", which also caused great inconvenience to the
transport of vegetables, coupled with the fact that people no longer easily go
out to purchase, transport vehicles have basically stopped transport, so the
epidemic on the impact of agriculture or objective existence.
04 Offline education and training industry
For the education industry, it is still hard to say whether the challenges or
opportunities faced in front of us are challenges.
According to a research report issued by the Guangzheng Hensheng Securities
Research Institute, education and training companies may experience short-term
offline training industry spring recruitment stagnation in 2020, while small and
medium-sized enterprises are at risk of falling into cash flow disruption.
The outbreak of the epidemic coincides with the spring enrollment phase of
offline training, and due to market sentiment, the subsequent resumption of
operations or less than the conventional state, operating costs and relatively
rigid, coupled with the potential refund run behavior, will intensify the risk
of cash flow break in offline training institutions.
At present, although many education companies choose to transfer or divert
offline classes to online, they also face increased investment in technology
development and teacher training due to the development and use of online
systems, as well as the loss of refunds due to the loss of students in the
process of diversion to online.
Therefore, the epidemic will hit the small and medium-sized offline education
institutions the hardest. Small and medium-sized institutions operating without
licenses will face the risk of shutting down, and in addition, private tuition
classes by teachers, which occupy a large percentage of the market, will be
reduced on a large scale, which is good for large education institutions in the
05 Banking Industry
Compared with 2003, the total volume of China's economy has long been
unparalleled, which means that the entire economic system is far more capable of
fighting risks and responding to major disasters.
However, at this point in time, the macro economy is also facing new
challenges and shocks. On the one hand, we are in a position to switch between
the old and new dynamics of the economy, to achieve high-quality development, we
need to find new industries to carry the new development momentum.
On the other hand, in the last economic cycle, the construction of our real
estate, automobile, infrastructure, highway and other industries have been at
historical highs, based on the chain of investment pull, and their total factor
productivity is in the zone of diminishing marginal utility. At the same time,
under the impact of the epidemic, small and medium-sized enterprises have been
hit significantly more than state-owned enterprises and large enterprises, and
we also need more monetary and fiscal policies to smooth out the drastic
fluctuations in the economy and business operations.
Banks are the mother of all industries, and the impact of the real economy
will definitely be reflected to the financial market. Rent, finance costs,
taxes, salaries and wages, inventory, are the reality that business owners have
to face, when the business is bad, the loans and interest owed to the bank will
be under pressure, and the bank's days will follow the ups and downs of the
SARS time in 2003, the government quickly came up with a series of policies
to fully respond to the impact of the epidemic on the economy is a probable
event. The wind and rain together, to the light and walk, under the epidemic,
various industries are interlocked, no one can be alone. Business is the
foundation of people's livelihood, behind which are tens of thousands of
- Aug 17, 2022
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