Analysis of the Impact and Prospects of the Street Stall Economy on Urban Development Taking Chengdu as an Example

Abstract

The commerce of street stalls has existed since ancient times. The economy of street stalls has gradually migrated from the countryside to the cities and become more prosperous as the nation has developed. Currently, the stall economy provides new employment opportunities. Following the implementation of pertinent national policies, the safety of products sold at street stalls has significantly improved. The outbreak of the epidemic has had a negative impact on the economy of the country, and the street stall economy can help stabilize the economy, create more employment, and adapt better to the environment. As the first city in China to develop a street stall economy, Chengdu created the miracle of "driving 100,000 people to work overnight" and was praised by Premier Li Keqiang for its effectiveness in solving employment problems during the two sessions of the National People's Congress. However, in the process of developing a street stall economy, some urban governance issues still need to be addressed. This paper examines the development of Chengdu's ground-stall economy and its impact on urban development, as well as the future of the ground-stall economy's administration, through a review and analysis of the relevant literature.