Cases of epidemic prevention loosening surge in Wuhans small merchants business

(Wuhan / Beijing Comprehensive News) The Chinese government's relaxation of epidemic prevention measures has not brought spring to catering business owners. The surge in cases has led to the bleak business of small enterprises in Wuhan and facing new challenges.

According to Reuters, Mr. Zhu (60 years old), the owner of a restaurant in Wuhan, said that he could not operate anymore. There was no one in the restaurant and lost 1,000 yuan per day (S $ 190).The worst one.

Mr. Zhu's restaurant is located in the popular area of Wuhan. He said: "It's not seen here now, you can imagine that the situation in other places is worse."

His dilemma is the epitome of many small business owners in Wuhan.The Central Government of China recently abandoned the clearance policy and brought about the hope of economic recovery in 2023. However, the surge in crown disease cases reduced many people to go out, and the hope of economic recovery quickly evaporated.

During the city of Wuhan in 2020, the local government launched rent subsidies and consumer coupons to support enterprises, but this year has almost no such measures.Mr. Zhu's landlords did not intend to discount his rent, making the prospects of his restaurant more dim than when the city was closed in 2020.

Wuhan's advertising company owner, clothing business owner and taxi driver also told Reuters that the business is bleak.

Customers are not enough to produce a chain effect in various industries, and during the decline of China's economy, it has further hindered growth.

Chen Zhiwu, a professor of finance at the University of Hong Kong, believes that the Chinese government may hope that the recent surging crown cases can establish an immune barrier in the whole society within three or four months. At that time, the business of SMEs will rebound, but during this period, China, China, China, China, ChinaWill withstand shock therapy.

Bloomberg report also analyzed that the initial stage of re -opening is not conducive to economic growth. In the next six months, China's economic situation may be extremely turbulent.

In order to escort economic growth, the Ministry of Finance of China issued 750 billion yuan (RMB and S $ 142.5 billion) Special Treasury on Tuesday (December 12) to support the "development of national economy and social undertakings."