Why is it harder to do business when the epidemic is over?

Why is it harder to do business when the epidemic is over?

The end of the epidemic does not mean that the economy and society can recover immediately. For some people, it may take some time to return to the original level.

1. The economic impact of the epidemic: The epidemic has had a huge impact on the global economy, causing many businesses to face difficulties, increasing operating pressure on companies, and forcing many companies to close or transform. This has left many without their jobs and sources of income, affecting the financial situation of individuals and families.

2. Changes in consumer psychology: During the epidemic, many people chose to stop consumption or reduce spending. Even after the epidemic has passed, some people may continue to be cautious and reduce expenses such as gatherings with friends and family, travel, etc., resulting in a decline in sales and income in some industries.

3. Supply chain problems: During the epidemic, the supply chains of many companies have been severely disrupted, and production and supply capabilities have declined, causing operational problems for many companies. Even if the outbreak is over, it may still take some time to fully restore normal supply chains.

4. The impact of panic: During the epidemic, people may have some uncertainty and concerns about what will happen in the future. Even after the pandemic has passed, some people may still feel anxious and worried, which may affect their decisions in business and life.

For China's exports, this year may be more difficult than the previous year. Due to the slow recovery of foreign markets, insufficient procurement demand, and reduced orders, more and more Chinese companies fly to foreign markets to participate in exhibitions and promote their products. In the second half of 2023, everyone has strong confidence in the economy, the market will gradually improve, and business and life will gradually become more stable.

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